The impact of Covid-19 knows no bounds. As it traverses the globe, it causes chaos across all domains. It has altered the economy in unprecedented ways, throwing business owners, corporate partners and supporters into a state of utter confusion. There are multitudes of resources and programs available to help businesses during these times, however, simply reading up on them may not help. In fact, the plethora of resources may even exacerbate the confusion. This is why Wisconsin LGBT Chamber of Commerce has decided to provide virtual consultation sessions to all its members for free. Also provide members with financial, operational, and healthcare resources regarding the COVID-19 outbreak.
This would help you navigate through the resources and gain insight regarding which support programs would be beneficial.
Support for your Company or Business
- The WWBIC COVID-19 Loan Program is concentrated on existing businesses trying to find business financing during this pandemic. Business owners have two options to select from counting on their needs: a line of credit or a term loan. Line of credit features a minimum of $5,000, maximum of $10,000.
- Funding from Verizon to supply grants of up to $10,000 to businesses facing immediate financial pressure due to corona pandemic earmarked for women entrepreneurs, entrepreneurs of color, minority-owned organizations, and other enterprises in historically underserved communities.
- The Dane Small Business corona Pandemic Support Grant Program, administered by Dane Buy Local, is out there for little businesses experiencing financial difficulties as a result of the COVID-19 outbreak. Dane County locally-owned small businesses or nonprofit organizations with employee retention and to mitigate losses from the COVID-19 pandemic. Grant them awards.
- Impact Seven has assembled a gaggle of funds from public and personal sources to make a little business lending pool. This fund is meant to help to grow and emerging businesses in our Wisconsin communities and may be used for land and building purchase, construction or improvements; capital, inventory, supplies, machinery, and equipment.