Frequently Asked Questions for Businesses: General
How is the subsidy determined? 
For a business more than 3 years old, the maximum subsidy is $10,000 per Full Time Equivalent (FTE) job created or retained.
For a start-up or a business less than 3 years old, we compare the average income and unemployment rate in the county where the business is located, against State averages. This sets the subsidy amount at $10,000, $15,000 or $20,000 per FTE job created or retained.
Is there a maximum total project cost? 
No, the total loan amount may be greater than $99,000, however, WHEDA will only subsize the interest rate on eligible uses of proceeds up to $99,000.