STRENGTHENING MINORITY BUSINESS GROWTH

WEDC works collaboratively with other agencies, corporations and nonprofit minority business associations to provide financial and operational assistance, resources and statewide networking opportunities to minority entrepreneurs and business owners.

Hundreds of businesses each year are served by WEDC, including the Hispanic Chamber of Commerce of Wisconsin, the African-American Chamber of Commerce of Wisconsin, the Hmong Chamber of Commerce and First-American Capital Corporation, the business financing arm of the American Indian Chamber of Commerce of Wisconsin. By working with minority business associations and their partners, WEDC helps support the attraction, development and growth of diverse companies in Wisconsin.

WEDC PROGRAMS

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.

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BUSINESS DEVELOPMENT TAX CREDIT

Refundable tax credits for companies remaining, expanding or relocating in Wisconsin.

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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.

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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.

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ENTERPRISE ZONE TAX CREDIT

Refundable tax credits for companies undertaking major expansion projects in, or relocating major business operations from other states to, Wisconsin.

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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.

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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.

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WORKFORCE TRAINING GRANT

Grants for businesses to upgrade or improve the job-related skills of their full-time employees.

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LOCATE IN WISCONSIN

Our comprehensive online site location tool allows brokers, realtors, municipalities and economic development professionals to list available properties throughout the state.

LAUNCH TOOL

CERTIFIED IN WISCONSIN

Through this program, partners can list available industrial sites that have met our consistent standards for certification.

VIEW LIST

WEDC SUCCESS STORIES

Governor’s Business Plan Contest

​Since its inception in 2004, more than 2,600 entries have been received for the Governor’s Business Plan Contest, with winning companies receiving about $1.7 million in cash and services. Read More

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GovBizPlanContest2

Thalchemy

​A variety of grants and funding mechanisms has helped Madison-based Thalchemy enhance its technology that enables more efficient and accurate processing of sensory data. Read More

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thalchemy

V-Glass

V-Glass has leveraged ​assistance provided by Wisconsin into federal grants totaling over $1.3 million to develop its game-changing insulated window technology. Read More

Read Story
v-glass-logo

Cellara

​In developing and marketing its innovative CultureTrax product, Madison-based Cellara benefited from the support of BioForward and resources offered by the WEDC. Read More

Read Story
Cellara

​Since its inception in 2004, more than 2,600 entries have been received for the Governor’s Business Plan Contest, with winning companies receiving about $1.7 million in cash and services. Read More

Read Story
GovBizPlanContest2

​A variety of grants and funding mechanisms has helped Madison-based Thalchemy enhance its technology that enables more efficient and accurate processing of sensory data. Read More

Read Story
thalchemy

V-Glass has leveraged ​assistance provided by Wisconsin into federal grants totaling over $1.3 million to develop its game-changing insulated window technology. Read More

Read Story
v-glass-logo

​In developing and marketing its innovative CultureTrax product, Madison-based Cellara benefited from the support of BioForward and resources offered by the WEDC. Read More

Read Story
Cellara