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Mayor Tom Barrett shares specifics on Milwaukee Business Restart Program

Posted at 3:50 PM, May 20, 2020
and last updated 2020-05-21 09:26:20-04

MILWAUKEE — Mayor Tom Barrett has shared specifics on the new Milwaukee Business Restart Program, funded by the federal CARES act.

This $20 million program will assist businesses in Milwaukee that make less than $2 million, have 20 or less employees, and were established before the end of 2019.

Applications for these grants will be available beginning Thursday, May 28. They will be accepted over a two week period through Friday, June 12.

As of now, the program is funded by a $20 million stipend from the federal CARES act. Each Milwaukee business will be able to receive up to $15K for expenses in three categories. These categories are:

  • The purchase of personal protective equipment for employees
  • Investments in modifications to business spaces and operations that reduce the spread of disease
  • Restocking perishable inventory

“Small businesses play a vital role in creating jobs, in driving our economy, and in maintaining the character of neighborhoods all across Milwaukee,” Mayor Barrett said. “I want our local businesses to have a fighting chance to get back to profitability as we adapt to new public health requirements and expectations.”

Grants will be distributed as soon as possible following the June 12 deadline for applications.

To apply for a grant through the Milwaukee Business Restart Program, click here.

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