Gov. Evers announces $45 million in assistance for small businesses impacted by pandemic
MADISON, Wis. (CBS 58) – On Thursday, December 3, Governor Tony Evers announced restaurants and other targeted small businesses impacted by the COVID-19 pandemic will receive $45 million in assistance.
The announcement was made with the Wisconsin Economic Development Corporation.
According to the governor’s office, this brings the total assistance distributed to Wisconsin businesses in 2020 to more than $220 million.
"Restaurants and other venues have been among the businesses hit hardest by the COVID-19 pandemic," Evers said in a statement. "They’ve made the tough decisions to keep employees and customers safe by restricting indoor seating, offering delivery and curbside pick-up, and providing outdoor tables. We greatly appreciate the changes they've made to prioritize the health and safety of our communities, but now with winter coming, we are glad to provide this support at a critical time."
According to the Department of Revenue, restaurants will likely account for 95 percent of the approximated 2,00 businesses receiving the funds. Businesses with annual revenues of more than $1 million, but less than $7 million will be the focus.