The purpose of the Diverse Business Investment Program is to provide funding to Community Development Financial Institutions to support grants and forgivable loans to small businesses in qualified census tracts or areas disproportionately impacted by the COVID-19 pandemic. The State intends to award up to $42,158,312 in grants through this Program. Funding for this assistance is provided to Wisconsin by the Federal American Rescue Plan Act of 2021.
For more information regarding the Diverse Business Investment Program please visit the links below.
- As of 2:00PM CT, January 21st, 2022, the Diverse Business Investment Grant is no longer accepting applications in accordance with the application deadline posted in the Program Grant Announcement.