BUILDING A BETTER BUSINESS ENVIRONMENT
Growing businesses can find resources, support and opportunities in Wisconsin. WEDC offers programs and incentives that celebrate business growth and continually take bold action to provide a supportive business climate that encourages growth and expansion in our state.
Here companies will find a powerful economic development engine, powered by a network of local and regional business development organizations. These organizations connect businesses to growth-oriented solutions in the form of capital investment, community development, and tools and resources from across the state, helping them maximize their potential and make an even bigger economic impact.
BUSINESS DEVELOPMENT LOAN PROGRAM
Loan program primarily for small businesses that have limited access to standard types of debt or equity financing, particularly in rural areas of the state.
BUSINESS DEVELOPMENT TAX CREDIT
Refundable tax credits for companies remaining, expanding or relocating in Wisconsin.
CERTIFIED SITES PROGRAM
Consistent standards developed for Wisconsin sites consisting of at least 20 contiguous, developable acres signaling that key approvals, documentations and assessments for industrial uses are already in place.
DEVELOPMENT OPPORTUNITY ZONE
Non-refundable tax credits for new and expanding businesses in the cities of Beloit, Janesville and Kenosha to assist with capital investment and the creation and retention of new, full-time jobs.
ENTERPRISE ZONE TAX CREDIT
Refundable tax credits for companies undertaking major expansion projects in, or relocating major business operations from other states to, Wisconsin.
INDUSTRIAL REVENUE BONDS
A unique type of revenue bond organized and issued by a state or local government, the proceeds of which are directed to a private, for-profit business.
MINORITY BUSINESS DEVELOPMENT
Initiatives include revolving loan funds offered through minority business associations and an annual conference that is the state’s premier event for minority-, women- and veteran-owned businesses.
WORKFORCE TRAINING GRANT
Grants for businesses to upgrade or improve the job-related skills of their full-time employees.
WEDC SUCCESS STORIES
Baker Tilly & Brakebush
Werner Electric Supply
Scale Up Milwaukee
When customer demand created the need for expansion, Westfield’s Brakebush Brothers preferred to do it where it all began, and the company turned to its trusted advisory firm, Baker Tilly, to help make it happen. Read MoreRead Story
Having grown by 27 percent in 2016 alone, WEDC is supporting the expansion of Oak Creek’s Report Exec, an applications that offers more efficient and accurate public safety incident reporting. Read MoreRead Story
When Werner Electric Supply, Wisconsin’s largest electrical supply distributor, outgrew its current location, it invested in a new headquarters and regional distribution center in the Town of Grand Chute. Read MoreRead Story
“The WEDC grant is critical for DealerFire to sustain the momentum we have created as a national leader in the automotive web and digital marketing space. The ability to expand our physical footprint will ensure that we can continue to grow our local workforce, while retaining our core technological focus that has gotten us here.”
ERIC HOOPMAN • COMPANY FOUNDER AND PRESIDENT, DEALERFIRE
“Duluth Trading Company is excited to bring some of our staff to Mount Horeb in a new Innovation Center. We believe that the combination of a new office space and proximity to our first destination store will be a great benefit to our employees, the town of Mount Horeb, and ultimately our customers. We look forward to the move in the fall.”
STEPHANIE PUGLIESE • PRESIDENT AND COO, DULUTH TRADING COMPANY