Posted inGovernmentLocal news

Gov. Evers Announces $420 Million in Wisconsin Tomorrow Small Business Recovery Grants

On Tuesday, Gov. Tony Evers announced the state will award up to $420 million to small businesses affected by the COVID-19 pandemic through the new Wisconsin Tomorrow Small Business Recovery Grant program, a collaboration between the Wisconsin Economic Development Corporation (WEDC) and the Department of Revenue (DOR). The effort, funded by the American Rescue Plan Act of 2021 (ARPA), has the potential to help approximately 84,000 Wisconsin small businesses that have an […]

Posted inCORONAVIRUSLocal news

State Announces $46 Million grant program to Benefit Small Businesses

MADISON — Gov. Tony Evers, together with the Wisconsin Economic Development Corporation (WEDC) and the Department of Revenue (DOR), announced Tuesday that more than $46 million to support an estimated 9,300 small businesses across Wisconsin. The grants – $5,000 per business – are an extension of last year’s successful “We’re All In” grant program. The […]

Posted inGovernment

Governor’s budget proposal includes small business support, workforce development, venture capital

MADISON — Gov. Tony Evers announced his 2021-23 biennial budget would target more than $200 million in assisting small businesses. Further, investing more than $29 million in workforce development initiatives and a new $100 million venture capital program. “Over the past year, our small businesses have seen the effects of this pandemic firsthand. I am […]

Posted inKenosha LensUptown Observer

KABA, WEDC partner for microloans to Kenosha businesses

Messages of hope, action painted on the wooden boards of Uptown businesses in Kenosha. Photo by Daniel Thompson/The Uptown Observer. KENOSHA ⏤ The Kenosha Area Business Alliance and the Wisconsin Economic Development Corp. have awarded 27 Kenosha businesses microloans up to $50,000. Kenosha Area Business Alliance and the state Economic Development Corp. announced the microloans […]

Posted inGovernmentLocal news

Gov. Evers Announces $45 Million in Targeted Assistance for Restaurants Impacted by the COVID-19 Pandemic

MADISON —​ Gov. Tony Evers announced today with the Wisconsin Economic Development Corporation (WEDC) that restaurants and other targeted small businesses affected by the COVID-19 pandemic will receive $45 million in assistance, bringing the total assistance distributed to Wisconsin businesses this year to more than $220 million. The program, We’re All In For Restaurants, is […]

Posted inCommunityNon-Profits

Greater Racine County Talent Recruitment Program Reaching Targeted Audiences Via New Digital Campaign

Racine County, WI – Racine County businesses are expanding, business parks are bustling with newly constructed speculative buildings, and the Wisconn Valley Science and Technology Park construction is underway. To meet the current and future talent needs of local businesses, the Racine County Economic Development Corporation (RCEDC) launched a new talent recruitment program. This new […]

Posted inGovernment

Contractors in Place for Potential Eminent Domain Ahead of FoxConn

The Village of Mount Pleasant is moving forward with preparations and preliminary work for the coming Foxconn development. The Wisconsin Economic Development Corporation (WEDC) is still negotiating the final contract between the state and the Taiwan-based technology manufacturer for the record-breaking manufacturing facility slated for Mount Pleasant. In the meantime, the village board has approved […]

Posted inGovernment

Foxconn, WEDC deal stalls

The Wisconsin Economic Development Corp. took no action on a $3 billion tax incentive package to lure Foxconn Technology Group to Mount Pleasant. The official location for the proposed $10 billion LCD display panel factory was announced Oct. 4. But the WEDC took no action on the $3 billion agreement with Foxconn. Here are media reports on […]

Posted inBreakingBusinessEye on Employment

Foxconn To Announce Location Wednesday

Foxconn Technology Group is expected to announce the site of its $10 billion, 20-million-square-foot advanced display manufacturing campus at 11 a.m. Wednesday at the SC Johnson iMet Center, 2320 Renaissance Boulevard. The general footprint is expected to be in Mount Pleasant and Sturtevant. Governor Scott Walker signed a $3 billion 15-year tax incentive package in September to […]