FRI AM Update: State getting nearly $80M in federal funds for small businesses, startups

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University of Wisconsin-Madison

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-- Wisconsin has been approved for up to $79.1 million under the federal State Small Business Credit Initiative, White House officials announced.

The latest version of this program was reauthorized and funded under the American Rescue Plan Act, the U.S. Department of the Treasury website shows. Officials yesterday announced $339 million in new funding under the SSBCI program, bringing the total amount of funding allocated under the program to $6.6 bill...

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