Local
Madison Black Chamber directs more than $600,000 to 40 member businesses
Forty Madison-area businesses received a combined $602,281 through Wisconsin Department of Administration grants recognized Sept. 11 at The Black Business Hub. The awards include funding for graduates of a local business incubator and larger grants for chamber members.
The Madison Black Chamber of Commerce recognized 40 member businesses Sept. 11 after they received a combined $602,281 in grant funding through the Wisconsin Department of Administration.
Camille Carter, the chamber’s president and CEO, presented oversized ceremonial checks during a gathering at The Black Business Hub. Grantees, chamber leaders, state representatives and community partners attended the event.
The funding came through two grant categories. Graduate Grants of up to $2,500 were available to qualifying participants who completed the chamber’s MBCC Means Business incubator program. Catalyst Grants of up to $25,000 were available to other eligible chamber members.
Carter said the funding could help recipients invest in growth while producing benefits beyond individual companies.
“This grant represents more than a check — it represents an investment in the future of local businesses and the communities they serve,” Carter said in a statement. She said the money could help businesses create jobs, support workers and families, strengthen local supply chains and build opportunities for intergenerational wealth.
The chamber described the investment as a potential boost to businesses and the broader Madison economy. The awards also highlight the role of targeted public funding and business-support programs in helping entrepreneurs who may face barriers to capital and expansion.