Urban League Receives $400K Grant for Prospective Black Business Hub Tenants

The Urban League of Greater Madison (Madison, WI) is receiving a $400,000 grant from the Wisconsin Economic Development Corp. (WEDC) 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 President and CEO Ruben Anthony said. “It’s critical when you have a hub coming up to have an accelerator and grant and loan program.”

In addition to the WEDC grant, the Urban League also announced another state grant — $185,000 from the Wisconsin Department of Workforce Development — to support its career training program with Exact Sciences to prepare participants for potential jobs at the growing Madison-based medical diagnostics company.

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