Milwaukee County Exec David Crowley pitches $10K grants to boost small businesses
Milwaukee County Executive David Crowley has announced a potential new funding avenue for small businesses.
Crowley introduced the county's Department of Administrative Services' "Building Bridges" program, which aims to expand businesses or help establish brick-and-mortar businesses and fuel commercial corridors across the county.
In 2021, the U.S. Census Bureau reported roughly 20,000 small and micro businesses in Milwaukee County — an increase of 4.7% since 2012.
"We all know small businesses are the backbone of Milwaukee County's local economy," Crowley told supervisors at a May 12 hearing. "They create significant portions of local jobs. They add value to our tax base and help to create our identity right here throughout our community."
The Wisconsin Economic Development Corporation had previously awarded $200,000 to the county through its Small Business Development grant.
As a part of his pitch to supervisors, Crowley and his administration requested authorization to pull from the county's economic development reserve to fund the "Building Bridges" program, which would allow the county to support small businesses through grants of $10,000. The grants would be available and eligible in all 18 supervisory districts across Milwaukee County.
At the county's finance committee on May 15, supervisors voted 4-1 to approve adoption of the proposal, with Supervisor Steve Taylor voting no and Supervisor Shawn Rolland excused from the meeting. The County Board of Supervisors will take a vote on May 22.
The program would collaborate with the Latino Chamber of Commerce of Southeastern Wisconsin, the Hmong Wisconsin Chamber of Commerce, the African American Chamber of Commerce, the Legacy Redevelopment Corporation, and UW Extension.
The Building Bridges program would also create a four-year, limited-term small business liaison position focused on fostering communication, collaboration and partnerships between Milwaukee municipalities and the local business community. Additional funds will be put toward marketing and branding.
Among previous efforts to leverage support for Milwaukee's small businesses, the county has infused $1 million in small business grants for entrepreneurs over the last five years, and eight loans valued at $1.3 million for small businesses.
This article originally appeared on Milwaukee Journal Sentinel: Daviid Crowley pitches $10K grants to boost small businesses
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