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WI SB1069
Bill
Status
2/26/2026
Primary Sponsor
Rachael Cabral-Guevara
Click for details
AI Summary
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Wisconsin Economic Development Corporation (WEDC) would establish an Innovation Grant Program for private nonprofit colleges that are members of the Wisconsin Association of Independent Colleges and Universities
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Grants fund new academic programs, community partnerships, and infrastructure projects designed to meet workforce needs and benefit the broader public
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Appropriates $5 million in general purpose revenue for fiscal year 2025-26 and $5 million for fiscal year 2026-27 ($10 million total for the biennium)
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Grant recipients must provide matching funding equal to or greater than the grant amount and demonstrate a pathway to self-sustainability through tuition, fees, or related revenue
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No single institution may receive more than 10 percent of total program grants
Legislative Description
Creating an innovation grant program for institutions of higher education and making an appropriation. (FE)
Last Action
Public hearing held
3/4/2026