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Minority Business Development (MBD) Program

Grants to Wisconsin minority-led businesses and nonprofit organizations for business development efforts. Applicants must contact program staff prior to applying. Funding is intended to support minority- women- and veteran-owned businesses to promote investment, job retention, and creation in minority communities and underserved markets. The purpose of the grant program is to increase access to capital and business development and training opportunities for existing, new, and expanding businesses.

Nonprofits:
Eligible nonprofit grant applicants are organizations that provide business financing, training or technical assistance to the minority and underserved business community. The recipient must demonstrate professional capacity, financial stability and viability, and a demonstrated need.

The MBD program has a continuous application process. Applicants for an MBD grant should complete an application through an Account Manager. The completed application will be assigned to an underwriter and go through the award review process.

Before starting your grant application, please review the funding source’s website listed below for updates/changes/addendums/conferences/LOIs.

WEDC
201 West Washington Avenue
Madison, WI 53703
855.469.4249