Loan Calculator
BLP Logo

The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a BLP financial professional prior to relying on the results.

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. This calculator does not calculate the Annual Percentage Rate or Average Prime Offer Rates. BLP does not guarantee any of the information obtained by this calculator.

CONTACT US
10494
post-template-default,single,single-post,postid-10494,single-format-standard,mkd-core-2.0.2,mikado-core-2.0.2,ajax_fade,page_not_loaded,,onyx child-child-ver-1.0.0,onyx-ver-3.3, vertical_menu_with_scroll,smooth_scroll,side_menu_slide_from_right,elementor-default,elementor-kit-8101,elementor-page elementor-page-10494

Over $83K administered through Matching Grant Program

ABOUT THE MATCHING GRANT PROGRAM

The Racine County Matching Grant Program (MGP) was established to provide a means for small and medium-sized companies to obtain the professional services necessary for a strong foundation and growth, leading to jobs for Racine County residents. The dollars can be used for consulting, training or marketing.

One applicant, Plush Clothing owned by Yolanda Coleman (featured image), was awarded a grant to support the company’s digital advertising campaign.

skyline landscape design
Skyline Landscape Design used the MGP to hire a business coach and invest in a new Customer Management software

The MGP is a reimbursement-based matching grant program up to $5,000 per business per year to support training costs and marketing consultants. RCEDC staff reviews each of the applications received to ensure the applicant meets the eligibility criteria identified below and works with the applicant, if requested, to complete an application.

  • Located in Racine County
  • For profit entity
  • Been in operation for more than one continuous year (from the date of the first sale);
  • Less than 200 employees at the Racine County location;
  • Less than $25 million in gross annual US Sales;
  • Manufacturer; or
  • 51% owned by ethnic/racial minority; or
  • 51% owned by a women; or 
  • 51% owned by a Veteran; or
  • A manufacturing company recruited by RCEDC; or
  • a Company enrolled in the RCEDC/RAMAC Living as a Leader program or the RCEDC CEO Roundtable;
  • Working with one a Racine County partner organizations
  • Current with real estate taxes and current with all other financial obligations and taxes

2021 RESULTS

The data outlined below was presented to the Finance and Human Resource Committee at the Racine County Board meeting held on October 20, 2021. Through September 30, 2021, a total of $83,322 was approved for 26 small businesses throughout Racine County. The 26 small businesses approved employ 475.5 full time equivalent employees.

BREAKDOWN OF RACINE COUNTY COMMUNITIES

Roll over pie chart to identify the respective community

GRANT PROGRAM QUALIFIERS

BE THE FIRST TO KNOW - FOLLOW BLP

FINANCIAL UPDATES DELIVERED RIGHT TO YOUR INBOX

No Comments

Post a Comment