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On March 14, 2026, Wisconsin lawmakers announced new business laws aimed at promoting entrepreneurship and stimulating economic growth in the state. The legislation, known as the Entrepreneurship Support Act, includes a number of provisions designed to make it easier for small businesses to thrive and succeed in Wisconsin.One of the key elements of the new law is the establishment of a Small Business Assistance Fund, which will provide grants and loans to small businesses to help them get off the ground and grow. The fund will be administered by the Wisconsin Economic Development Corporation, which will work with local economic development agencies to identify businesses in need of support.In addition to the financial assistance provided by the Small Business Assistance Fund, the Entrepreneurship Support Act also includes measures to streamline the process of starting a business in Wisconsin. This includes the creation of a one-stop shop for business registration and licensing, making it easier for entrepreneurs to navigate the regulatory landscape.The legislation also includes provisions to promote diversity and inclusion in the business community, including programs to support women and minority-owned businesses. By ensuring that all entrepreneurs have access to the resources and support they need to succeed, lawmakers hope to create a more vibrant and diverse business ecosystem in Wisconsin.Governor Tony Evers, who championed the Entrepreneurship Support Act, hailed the new law as a key milestone in Wisconsin's economic development efforts. "By supporting our small businesses and entrepreneurs, we are laying the foundation for a more prosperous and inclusive future for all Wisconsinites," Evers said in a statement.Business groups and advocacy organizations have also praised the new legislation, noting that it will help level the playing field for small businesses and create new opportunities for growth and innovation. With the Entrepreneurship Support Act now on the books, Wisconsin is well positioned to become a leader in entrepreneurship and economic development in the years to come.