Urban League Greater Madison Receives $400K for Black Business Hub

Black Star News, Wisconsin, Black Business, minority-owned businesses on Madison’s South Side, Urban League of Greater Madison,
-A +A
0

Photo: YouTube

Wisconsin--Prospective occupants of a planned business hub for minority-owned businesses on Madison’s South Side could get help to sustain and scale up their operations from the hub’s capital fund — a fund that itself scaled up with state support Friday.

The Urban League of Greater Madison is receiving a $400,000 grant from the Wisconsin Economic Development Corp. for a fund that will provide loans, grants and technical assistance to startups and existing businesses considering moving into the South Madison Black Business Hub. “The purpose of the hub will create a space to grow and nurture Black and other businesses,” Urban League of Greater Madison president and CEO Ruben Anthony said at a news conference Friday. “It’s critical when you have a hub coming up to have an accelerator and grant and loan program.”

Read rest of story here.

Also Check Out...

South Africa was gripped by a frenzy of looting and arson - the worst scenes of violence since the advent of democracy in 1994
South Africa: Durban’s Week of
Body camera footage showed Officer John Haubert striking a compliant Kyle Vinson, a Black man he was trying to arrest.
Colorado Cops Charged After
two members of the Eswatini Parliament, Mduduzi Bacede Mabuza and Mthandeni Dube, who face trumped-up charges
Eswatini: Authorities Must Drop
“I am delighted Dr. Walton has agreed to chair the Maine Venture Fund,” said Governor Janet Mills.
First African-American Chair of
Rev. Dr. William J. Barber II, co-chair of the Poor People’s Campaign
Poor People’s Campaign Starts 27-
CUNY Comeback Program, a sweeping plan to eliminate up to $125 million in unpaid debt for at least 50,000 students who attended
NY: Cuomo Announces $125 million