$400,000 grant allows Urban League of Greater Madison to launch Black Business Hub

July 16, 2021 3:04 PM

Jamie Perez

Posted: July 16, 2021 3:04 PM

MADISON, Wis. — The Wisconsin Economic Development Corporation awarded the Urban League of Greater Madison a $400,000 grant to help launch its Black Business Hub.

The Hub will be built at the corner of Park Street and Hughes Place by 2022. The four-story 76,000 sq. ft. building will offer businesses owned by people of color the chance to have a physical location and provide on-site resources and entrepreneur support services.

“This will allow us to overcome one of the biggest challenges that Black businesses face and that challenge is having access to capital,” said Urban League’s CEO Ruben Anthony. “The purpose of the hub is to create space to grow and nurture Black and other businesses.”

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