A GATEWAY TO GLOBAL MARKETS
With 96 percent of the world’s population consuming products outside the U.S. and 1 billion people expected to join the global middle class in the next decade, Wisconsin companies are changing the way they think about their businesses. For companies that want to grow, exporting is no longer a luxury—it’s a necessity.
In addition to reaching new markets ripe for your product or service, exporting has proven to help companies grow faster, offer higher wages, improve their labor pool and ultimately increase valuation.
But expanding your business globally can be intimidating when you don’t know where to begin. With the help of our network of services, companies both large and small find viable opportunities to reach new markets.
Made up of government and economic development organizations, private industries and academia partners, the Wisconsin Global Navigation Network (WGNN) provides the resources you need regardless of where you are in the exporting process—at no cost to you.
The WGNN will help guide your global expansion with the following essential services:
Global market identification for your products
Strategy and business plan development
Market analysis reports
Educational seminars and hands-on learning
Introductions to buyers and distributors
Source: WEDC FY17 Annual Report on Economic Development
*U.S. Department of Commerce
No-interest loans now available for southwestern Wisconsin business owners affected by flooding, storms
WEDC has awarded a $155,000 grant to the Southwestern Wisconsin Regional Planning Commission (SWWRPC) to provide no-interest loans to businesses in the region that were impacted by the severe weather and flooding in September. Read More
WEDC is launching a competition in which students in the state’s 43 fabrication laboratories (fab labs) can use their skills and fab lab tools to design and create protocol gifts that will be given by top state dignitaries in their official capacity. Read More
Federal Foam Technologies Inc., a leading global supplier in the foam and plastics industry, is expanding its operations at its New Richmond facility – a $7.3 million project expected to create 52 new jobs over the next three years. Read More
“I am a huge proponent of ExporTech™. It really helped us drill down and realize where our optimum markets are located.”
“ExporTech™ certainly helped us develop a more proactive export strategy. Through the program, we learned more about which countries were ideal for our business and our products.”
“We’ve wanted to explore exporting for a long time. The financial assistance and training we received through WEDC and the ExporTech™ Program provided the impetus and structure that helped us build a viable export development strategy.”
“The Global Business Development Grant Program helped us accelerate some existing international sales development and opened new opportunities due to lowered barriers to entry. The program lowers our risk in new markets where no business has ben undertaken and really opens the door to new markets.”