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State gives Urban League $585,000 for business accelerator, job training

The Urban League of Greater Madison has received two grants totaling nearly $600,000 to support underrepresented entrepreneurs and job seekers, the organization announced at a press conference on Friday. 

A $400,000 “Capital Catalyst” grant from the Wisconsin Economic Development Corporation will add to the organization’s Black Business Hub Accelerator Fund, providing grants and loans to businesses considering locating within the forthcoming South Madison Black Business Hub.

Secretary Missy Hughes called initiatives like the Hub “really indicative of the work that we need to be doing throughout Wisconsin.” 

(Adapted from “State gives Urban League $585,000 for business accelerator, job training ,” June 18, 2021, MSN)