Thursday, February 9, 2012

Small Business Grant | "County announces grants for manufacturing firms and minority-owned businesses"

By : Journaltimes.com 
Source : http://www.journaltimes.com 
Category : Small Business Grant 

County Executive Jim Ladwig announced Thursday the availability of matching grants up to $2,500 for small and medium-sized manufacturing firms in the county and grants for minority-owned businesses.

The manufacturing bcan be used to help underwrite investments in employee skills training, technology implementation projects or production efficiency consulting services, according to a county news release.

This is the ninth consecutive year the county has budgeted $25,000 for the Manufacturing Renewal Grant program, providing matching grants for county-based manufacturing firms with fewer than 200 employees.

Minority grant

This is also the seventh year in a row that the county is making grants available for small and medium-sized minority-owned businesses in Racine County, according to a news release. The county budgeted a total of $25,000 this year for the Minority Owned Business Matching Grant Program.

Examples of goods/services that can be paid for with the grants are: staff training, business consulting services, marketing plans, and business systems upgrades. Normally, equipment will not be eligible for grants, although computer systems may be approved on a case-by-case basis.

These grants are available for businesses that are at least 51 percent minority owned, based in Racine County, have fewer than 200 employees and have no more than $5 million in average annual sales. Non-profits are not eligible. Grants will be accepted on a first-come, first serve basis. But interested businesses are encouraged to apply as early as possible.

Source : http://www.journaltimes.com/business/local/county-announces-grants-for-manufacturing-firms-and-minority-owned-businesses/article_753645a0-536f-11e1-8597-001871e3ce6c.html#ixzz1lxMd16a7