Dane County Set to Approve $2M for Urban League of Greater Madison

MADISON – The Urban League of Greater Madison’s Black Business Hub may have found a new home.

Dane County is set to approve a $2 million purchase of a portion of a building on South Park Street. They then will lease it back to the Urban League of Greater Madison (Madison, WI) to support their Black Business Hub.

According to Dane County Executive Joe Parisi, they are pleased with this partnership.

“We are excited to continue our partnership with the Urban League of Greater Madison in this effort to develop a space where Dane County entrepreneurs of color can gather to gain the support, experience, and skills they need to thrive. This approval brings the Black Business Hub one step closer to completion, with the ultimate goal of helping local entrepreneurs build connections and find community as they work to achieve their goals.”

The Urban League’s Black Business Hub and Accelerator Program would be the area’s main resource for Black and minority entrepreneurs. It would be 80,000 square feet that would be home to shops and minority-owned businesses. It would also have a co-working space, a commercial kitchen, and other resources for business owners to further develop their small businesses.

Dr. Ruben Anthony, President and CEO of the Urban League, is determined to make The Hub a success.

“We were able to get the Black Business Hub started because the County Executive Joe Parisi immediately committed $2 million towards the project when we described the economic impact that the project would have on the region. This commitment has ignited a wide array of support from public and private partners. The Hub will address the disparities that Black businesses face and create an economic support system that will continue to build wealth in the community for multiple generations.”

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