Wisconsin is one step closer to having its state-funded venture capital fund up and running as the Department of Administration (DOA) has released a Request for Qualifications (RFQ) soliciting a qualified fund manager. According to the RFQ, “The Investment Manager will be charged with developing an investment plan designed to achieve the goals set forth […]
Stevens Point to Host 2013 Governor’s Small Business Summit
Date Thu, Aug. 22, 2013 - 8:23am By Hamilton
Gov. Walker’s third annual Governor’s Small Business Summit will be held on Wednesday, September 25, at the Stevens Point Convention Center. The annual event will include panel discussions with cabinet secretaries and speakers discussing issues like employing people with disabilities and exporting products across the country and around the world. “The third annual Small Business […]
Wisconsin Tax Reform Update with DOR Sec. Chandler
Date Thu, Aug. 22, 2013 - 8:01am By Hamilton
Taxes are a hot topic in Wisconsin, particularly since several reforms were included in the state budget. Wisconsin Manufacturers & Commerce’s Director of Tax & Transportation Policy, Jason Culotta, discussed the details of some of those budget reforms with Rick Chandler, Secretary of the Wisconsin Department of Revenue, in this video from WMC:
Report Indicates Wisconsin’s Real Estate Market is Stable
Date Thu, Aug. 22, 2013 - 7:30am By Hamilton
Each year the Department of Revenue’s Equalization Bureau produces a report comparing the previous year’s equalized values to the current year’s. The report is used to assign the amount of taxes municipalities pay to the school district, technical college, special district and county for providing services. This year’s report suggests that Wisconsin’s real estate market […]
TIF Bill Introduced
Date Wed, Aug. 21, 2013 - 2:04pm By Hamilton
Under current law, when an industrial or commercial property experiences long-term vacancy; when the property has sustained damage from a natural disaster; or when a property has been demolished, the base value of the property in a Tax Incremental Finance District (TIF) remains the same even though the actual or market value may have seriously […]
Going Global
Date Wed, Aug. 21, 2013 - 12:40pm By Hamilton
The majority of the world’s consumers lie outside the state of Wisconsin. Two upcoming events are designed to help Wisconsin businesses tap into that market. U.S. Rep. Pocan to Host Exporter Forum for Wisconsin Small Businesses with Export-Import Bank Chairman HochbergIn order to help provide local small business owners with the tools to increase their […]
WEDC Rolls Out New Redevelopment Program
Date Wed, Aug. 14, 2013 - 5:15pm By Hamilton
The Wisconsin Economic Development Corporation (WEDC) has created a new grant program to assist communities with their revitalization and development efforts. Through the Idle Industrial Site Redevelopment Program, WEDC will spend $3 million annually on demolition, remediation or specific site improvements across the state. The Idle Industrial Site Redevelopment Program offers grants of up to […]
Bill Would Bring Crowdfunding to Wisconsin
Date Wed, Aug. 14, 2013 - 5:14pm By Hamilton
Many people have heard of, or have even used, the popular website Kickstarter, which allows members of the public to donate money to fund businesses, artistic projects, and other ideas. Right now the public only gets a small trinket of appreciation and enjoyment of being a part of the creative process for their donation, but […]
DOA Developing Rules Governing Community Development Block Grant Program
Date Wed, Aug. 14, 2013 - 5:09pm By Hamilton
Over the past few years, responsibility for the state’s Community Development Block Grant (CDBG) program has shifted. The latest shift requires the promulgation of administrative rules to govern the program. Each year the federal government makes approximately $6 million available to the state of Wisconsin for economic and housing development through a program known as […]
Wisconsin Ranks High in Recent Economic Report
Date Wed, Aug. 7, 2013 - 4:49pm By Hamilton
Recent reports from the Federal Reserve Bank of Philadelphia include good news for Wisconsin. The reports’ data suggests Wisconsin will have the second strongest economic growth of any state in the nation over the next six months. The leading index is calculated by using the coincidence index, as well as housing permit data, initial unemployment […]