Mayor's Office

Last year, the Wisconsin Economic Development Corporation (WEDC) announced the Main Street Bounceback Grant which provides $10,000 to new or existing businesses and non-profit organizations moving into vacant properties in Wisconsin’s downtowns and commercial corridors. Funds are still available this year and WEDC is accepting applications until the funds runs out. Funds can be used to pay leases or mortgages, operational expenses and other business costs related to the newly opened location. The program is open to new or existing businesses opening a new location or expanding operations in a vacant commercial where the lease commences, or sales contract closes, on or after January 1, 2021 and on or before June 30, 2022.

While we are still seeing a high number of vacancies in our downtown and other business districts, the good news is that we are seeing new businesses opening and are helping to fill these vacancies. Resources like the Main Street Bounceback Grant from WEDC and other city programs are helping people start and launch their business.

To apply for the WEDC Main Street Bounceback Grant, visit: https://wedc.org/programs-and-resources/mainstreet-bounceback-grants/

If you need an acknowledgment letter, contact our Office of Business Resources at obr@cityofmadison.com

For City of Madison’s Business Financial Assistance, visit: https://www.cityofmadison.com/dpced/economicdevelopment/business-financial-assistance/188/

Small businesses and local non-profits are vital in the very fabric of our community. I’m glad to see that the WEDC is continuing to invest in our local leaders in this way.