The Wisconsin Economic Development Association (WEDA) held its annual legislative day this week, with nearly 70 WEDA members participating. WEDA members met with approximately 90 legislators and staff from the Senate and Assembly. This face time with legislators gave WEDA members the opportunity to discuss the WEDA legislative agenda and connect the impact these legislative […]
TIF Bill Package to be Introduced
Date Thu, Feb. 12, 2015 - 5:51pm By Hamilton
The Joint Legislative Council recommended that the eight Tax Incremental Financing (TIF) bills submitted by the Legislative Council Study Committee on TIF be introduced to the full legislature with a 19-0 vote, with three members not present. The approval allows the eight TIF bills to advance into the normal legislative process. The recommendations are outlined […]
WEDC Hires International Business Development Professional
Date Wed, Dec. 17, 2014 - 3:38pm By Hamilton
Katy Sinnott has been named vice president of international business development at the Wisconsin Economic Development Corporation (WEDC). Prior to her appointment, Katy was the CEO of ERIC Paris Salons based in China. Katy also served as a consultant in Hong Kong for a global management consulting firm, McKinsey & Company. She also worked with […]
DWD Fast Forward Grants $4 Million
Date Wed, Dec. 17, 2014 - 3:35pm By Hamilton
In Round 3 of Wisconsin’s Fast Forward initiative, just under $4 million in worker training grants was distributed to 57 employers to develop in-demand skills for 3,600 employees. Secretary Newson announced the availability of $8 million in grants this past July to support nine industries, of which DWD awarded $4 million to manufacturing, transportation, and […]
20th Annual Governor’s Conference on Economic Developement
Date Thu, Dec. 4, 2014 - 5:42pm By Hamilton
Shifting Sads: Preparing for the Future February 11-13, 2015 Monona Terrace Community & Convention Center, Madison, WI Keynote Speakers Jason Tyszko, Sr. Director, Education & Workforce Policy, US Chamber of Commerce Foundation John Kosinken, Chief Economist, WI Department of Revenue Emily Stover, DeRocco, Founder & CEO, Engage, Educate & Employ Peter Feigin, President, Milwaukee […]
Minnesota’s New GOP Leadership Renews Hope for Tax Reciprocity
Date Thu, Dec. 4, 2014 - 11:17am By Hamilton
Wisconsin’s tax reciprocity deal with Minnesota ended in 2009 after a 40-year agreement left Minnesota losing money on the deal. Currently, businesses that operate in both states must file tax returns in both states. Minn. GOP House leadership brings renewed hope for stalled tax reciprocity talks Northland News Center, December 1, 2014 Bill Stack heads […]
WEDC Launches $1.6 Million Ad Campaign
Date Wed, Nov. 19, 2014 - 12:21pm By Hamilton
The Wisconsin Economic Development Corporation (WEDC) has launched a marketing campaign that will air in the Chicago and Minneapolis area to advertise Wisconsin as a great place for business. The campaign will feature radio, print, and online advertisements in the Chicago and Minneapolis markets. Many of these ads will run from now until the spring […]
The Future Wisconsin Economic Summit
Date Wed, Nov. 19, 2014 - 10:46am By Hamilton
The Wisconsin Manufacturers and Commerce (WMC) will be holding their first ever Future Wisconsin Economic Summit. The summit will focus on Wisconsin in the future, businesses that will survive during that time, and what partnerships can be made now to help the future economy. WMC’s Future Wisconsin Project is in partnership with the University of […]
Study Committee on the Review of TIF Ends Ahead of Schedule
Date Tue, Nov. 18, 2014 - 4:41pm By Hamilton
The final meeting of the Study Committee on the Review of TIF, held on November 13, focused on final edits to drafted bill proposals, and how to package the bills when they are introduced in the legislature this upcoming session. The committee voted on bill drafts related to technical law changes, JRB review and annual […]
UI Trust Fund Has Positive Balance
Date Tue, Nov. 18, 2014 - 3:49pm By Hamilton
Wisconsin’s Unemployment Insurance (UI) Trust Fund will start 2015 with a positive balance, which means there will be a reduction in federal unemployment taxes (FUTA) for employers. FUTA taxes are designed to discourage a negative UI fund balance. Because unemployment benefits are an entitlement program and must be paid even if the state trust fund is […]