JPMorgan Chase pledges additional $200,000 to M7 Export Development Grant Program
Early this week, JPMorgan Chase announced they are providing an additional $200,000 to the Milwaukee 7 to continue the Export Development Grant Program across the region. The program provides financial assistance to small and medium enterprises, both new to export as well as experienced exporters, to enter into new or grow existing international markets.
"The Milwaukee 7 Export Development Grant Program is a wonderful example of how the Global Cities Initiative can provide value to the regional economy," said
Jim Popp, managing director for Chase Middle Market Banking in Wisconsin. "M7 has effectively marketed the program and companies have stepped up enthusiastically to explore or expand their exporting efforts. Providing additional funds is a win-win for all of us."
In just 6 months, 34 companies have been awarded grants each ranging from $1,250 to $5,000.
The 3rd round of applications are now being accepted through June 30, 2016 and funding is made available on a first-come, first-serve basis.
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