entrepreneurship and innovation in wisconsin 2016 rEPORT

From a better quality of life to access to top-notch talent, cost-effective resources and more, Wisconsin is becoming a destination for entrepreneurs seeking personal and professional fulfillment. That’s why WEDC and its network of statewide partners are committed to helping startups reach success. These initiatives are highlighted in the new Entrepreneurship and Innovation In Wisconsin report, which provides data on the programs’ performance in 2016.

WEDC’s direct assistance programs helped more than 314 businesses attract nearly $300 million in new funding and generate over $85 million in revenue, for a total of $385 million in capital. These companies supported 2,133 full-time jobs and 717 part-time jobs in Wisconsin and paid an estimated $111 million in wages. In addition, WEDC’s partners in administering entrepreneurship-related programs assisted 2,215 companies to create more than 407 new jobs and retain an additional 272 jobs.

INVESTOR PROFILE

Rock River Capital exists to help turn the ideas and hard work of the Midwest into great companies, through capital, expertise and connections to a global network.

FUNDING SOURCE

The U.S. Small Business Administration (SBA) helps potential and existing small businesses start up, grow and succeed. Shirah Apple with SBA’s Wisconsin office shares how SBA funds help businesses grow.

COMPANY PROFILE

Learn more about HaloVino®, a company that makes plastic tumblers that combine the cost and convenience of plastic cups with the taste and experience associated with pricey wine glasses.

To discover more about the innovation happening In Wisconsin^®, contact Aaron Hagar at 608.210.6825 or aaron.hagar@wedc.org.

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Wisconsin Economic Development Corporation
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