Business Eligibility

At least 50% owned by a woman or ethnic minority group member.*
Greater than 50% of the business is controlled by a woman or ethnic minority group member.*
Employs 25 or fewer full-time equivalent employees at time of application.
Business, along with affiliates, subsidiaries and parent company, has gross annual sales of $500,000 or less.
Business is able to demonstrate a financial need for the subsidy.
Will create or retain jobs.
Located in Wisconsin.

*Minority Definitions

American Indian:
A person who is enrolled as a member of a federally recognized American Indian tribe or band or who can document at least one-fourth American Indian ancestry or document tribal recognition as an American Indian.
Asian Indian:
A person whose ancestors originated in India, Pakistan or Bangladesh.
Asian Pacific:
A person of any race whose ancestors originated in Japan, China, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Samoa, Guam, the U.S. Trust Territories of the Pacific or the Northern Marianas.
African American (Black):
A person whose ancestors originated in any of the black racial groups of Africa.
Hispanic:
A person of any race whose ancestors originated in Mexico, Puerto Rico, Cuba, Central America or South America or whose cultural origin is Spanish.
Native Hawaiians; Eskimos; and Aleuts:
Not defined

Small Business Lenders