Evers touts success of Main Street Bounceback, invests $25 million more

At a recent joint event with the Wisconsin Economic Development Corp., Gov. Tony Evers announced the state will be investing an additional $25 million into the Main Street Bounceback Grant Program. The program has already assisted more than 4,200 small businesses and nonprofits across all 72 Wisconsin counties. With the additional investment, the total program investment tallies $75 million. It is estimated that the additional $25 million will enable 2,500 more small businesses and nonprofits to fill empty storefronts throughout the state. A recent analysis of state allocations showed that as a share of federal aid received by states, Wisconsin ranks second in the country for aid directed to economic development and first in the country in aid to businesses. The program was first announced in April 2021, and since then small businesses and nonprofits have been approved for $10,000 grants to help them move or expand into vacant commercial spaces.