ADISON — Gov. Tony Evers, together with U.S. Sen. Tammy Baldwin (D-Wisconsin), announced the U.S. Department of the Treasury’s State Small Business Credit Initiative (SSBCI) has awarded the state of Wisconsin $1.9 million in technical assistance funding to support legal and financial advice for small businesses.

The $1.9 million announced today will be administered through the Wisconsin Department of Administration (DOA) and the Wisconsin Economic Development Corporation (WEDC), which will award grants to the University of Wisconsin (UW)-Madison Law and Entrepreneurship (L&E) Clinic and the UW Institute for Business and Entrepreneurship.

“Wisconsin is a place where innovative ideas are turned into successful businesses,” said WEDC Secretary and CEO Missy Hughes. “We are grateful that this federal grant will strengthen our state’s support system for new and underserved businesses.”

[Adapted from: Supporting Small Businesses in the city of Ashland Wisconsin Nov. 29, 2023, WXER]