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 Latino Chambers of Commerce, 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.
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.
WORKFORCE TRAINING GRANT
Grants for businesses to upgrade or improve the job-related skills of their full-time employees.
ALLY GRANT
The new Ally Grant pilot initiative aims to foster the development of new and/or emerging diverse-based nonprofit organizations that support diverse business communities.
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 TOOLCERTIFIED IN WISCONSIN
Through this program, partners can list available industrial sites that have met our consistent standards for certification.
VIEW LISTWEDC SUCCESS STORIES
Reams of data support the fact that women entrepreneurs are not as likely to get funded as their male counterparts. Madison’s Doyenne Group aims to flip this script and provide resources to female entrepreneurs and innovators to help set them...
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SHINE Technologies manufactures a key isotope used in stress tests, bone scans and several other medical procedures to help assess a potential fracture or other serious conditions such as heart disease or cancer. Manufacturing in Wisconsin means that there will...
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Rising Queens is a nonprofit grassroots organization with a mission to provide equitable resources to the low-income community by eliminating barriers to help create self-sustaining lives. Read More
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Reams of data support the fact that women entrepreneurs are not as likely to get funded as their male counterparts. Madison’s Doyenne Group aims to flip this script and provide resources to female entrepreneurs and innovators to help set them...
Read Story
SHINE Technologies manufactures a key isotope used in stress tests, bone scans and several other medical procedures to help assess a potential fracture or other serious conditions such as heart disease or cancer. Manufacturing in Wisconsin means that there will...
Read Story
Rising Queens is a nonprofit grassroots organization with a mission to provide equitable resources to the low-income community by eliminating barriers to help create self-sustaining lives. Read More
Read Story