The Wisconsin Economic Development Corp. (WEDC) has opened the application portal for the new We’re All In grant program. The program aims to help small businesses get back on their feet as they re-emerge from the COVID-19 pandemic and the Safer at Home order, while also encouraging adoption of best practices to keep employees, customers and communities safe.
Funded by the federal Coronavirus Aid, Relief and Economic Security Act, the state’s We’re All In Small Business Grant will provide $2,500 to 30,000 Wisconsin small businesses to assist with the costs of business interruption or for health and safety improvements, wages and salaries, rent, mortgages and inventory. The program will accept applications through Tuesday, June 23. See FAQs here.
The WICPA has partnered with WEDC to provide a free, short presentation about the We’re All In program and answer questions from 10 – 11 a.m. on Friday, June 19. Register here.
See below for key information regarding applicants:
- When assisting clients to apply, make sure they are not using the tax preparer’s EIN.
- There are two types of legal entities that may be associated both with a SSN and EIN for their business:
- WICPA members can request a letter via email from Tammy Hofstede, WICPA President & CEO of acknowledgment from the WICPA indicating your business was in operation in February 2020, meeting the community organization (trade association) criteria.
- The Wisconsin Small Business Development Center has offered to provide letters of acknowledgment to companies that cannot find a partner in their area.