Business Eligibility

Start-up of a daycare business which can be for adults or children.
Start-up of a small business in a vacant storefront in the downtown area of a rural community. A rural community is defined as “(1) a city, town or village in this state with a population of 12,000 or less, or (2) a city, town or village in this state that is located in a county with a population density of less than 150 persons per square mile.” See list of ineligible communities.
Expansion or acquisition of an existing small business. An expansion may involve a new line of business that complements the existing business. Existing is defined as being in operation for at least 12 months.
Employs 50 or fewer full-time equivalent employees at time of application.
Located in Wisconsin.
Owner is actively engaged in the business and current in child support payments, if any.
Project will create or retain jobs.
Business is unable to obtain conventional financing at reasonable terms.