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Royal Credit Union Small Business Grant
Royal Credit Union
ABOUT THE GRANT
The Royal Credit Union Small Business Grant provides pre-launch, startup, and early-stage small businesses in Wisconsin's Chippewa Valley with a $3,000 grant to support meaningful investments in the business, from startup costs to equipment and technology upgrades. Administered by Royal Credit Union (RCU), a Wisconsin-based credit union headquartered in Eau Claire, the program is designed to empower entrepreneurs with the resources they need to succeed, help create local jobs, and support small business owners in strengthening the communities RCU serves. The grant is currently offered as a pilot initiative, with the goal of expanding to additional communities within RCU's credit union footprint in the future.
To qualify, applicants must be owned by Royal Credit Union members or individuals who qualify for membership, be pre-launch, in startup phase, or have been established within the last three years, and be located in one of six eligible Wisconsin counties: Chippewa, Clark, Dunn, Eau Claire, Trempealeau, or Taylor. Applicants are asked to provide information about their business, including financial needs, community impact, and future plans, and must submit a business plan and financial projections as part of the application. Applicants are also encouraged (but not required) to connect with the UW-Eau Claire Small Business Development Center or the Western Wisconsin Women's Business Center for support during the application process.
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We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.
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