This page provides a listing of potential financial and technical assistance programs to businesses that are facing challenges due to the COVID-19 pandemic. The programs are evolving quickly and new information and funding sources are showing up frequently, including revisions to newly developed programs. This page links to a number of resources, but there are likely more available through government, trade organizations, private lenders, private companies and community sources. You should contact the specific organization with any questions.
Add Your Business to the Racine County Directory of Open Businesses
The City in partnership with the Racine County Economic Development Corporation (RCEDC) through its subscription to GIS Planning, has access to a module which allows businesses that identify themselves as open to add listings. Click on the link below, then in the top right corner of the page click on the “Add Business” button. A form will open and information about the business’ location and operations can be filled in. Once submitted, the listing provider will review and the business will be added to the page and the map. https://covid-19.zoomprospector.com/RACINECOUNTYWI
City of Racine Programs
The City continues to develop assistance programs as funding becomes available. As funding becomes available and program parameters are established, information will be posted here, on the City’s Facebook page https://www.facebook.com/CityOfRacineWI/ and on the City’s website https://www.cityofracine.org/CDV/RFP/
Racine County Economic Development Corporation (RCEDC)
RCEDC is a frequent partner with the City regarding business development. They have programs in place for their existing clients and financial assistance programs for others affected by COVID-19. https://rcedc.org/news/covid-19-rcedc-business-resources
Wisconsin Women’s Business Initiative Corporation (WWBIC)
WWBIC is a statewide economic development corporation that has a COVID-19 Loan Program focusing on existing businesses looking for financing. They also have funding for start-ups and offer a wide range of business development and educational resources. https://wwbic.com/covid-19-resources/
State of Wisconsin Resources
Wisconsin Department of Workforce Development (DWD) – Unemployment Insurance Information – https://dwd.wisconsin.gov.
As of April 21, 2020, the DWD has announced the Pandemic Unemployment Assistance (PUA) program is in place. This is a new temporary Federal program available to individuals who are not eligible for regular Unemployment Insurance (UI) (self employed, certain independent contractors, limited recent work history and other workers. The following link is to the DWD web page. https://dwd.wisconsin.gov/uiben/pua/
Wisconsin Economic Development Corporation (WEDC) – https://wedc.org/programs-and-resources/covid-19-response/
University of Wisconsin Institute for Business & Entrepreneurship has a number of resources for small businesses- https://business.wisconsin.edu/about/covid-19/
U.S. Small Business Administration
The Small Business Administration (SBA) has low-interest federal disaster loans to provide working capital to small businesses. https://wisconsinsbdc.org/services/covid-19/disasterloans/
Other Federal Resources
This is a comprehensive list of government agencies and policies organized by department and topic. https://usa.gov.coronavirus
Check with your trade organizations or within other professionals in your business sector to see if help is available through industry resources.
Wisconsin Restaurant Association (WRA) – http://www.wirestaurant.org/
Bartender Guild has a fund offering financial assistance to those in the bartending profession – https://www.usbg.org/home