Financing & Incentives
Revolving Loan Fund Program > A flexible source of loan funds for commercial and industrial projects. The goal of the fund is to encourage the creation of quality jobs and also increase the tax base.
Growth Loan Fund > For existing newly founded companies with financial needs that cannot be met by traditional financing. These are companies that are too old for the Micro Loan program, but their financing needs are not large enough to structure through the RLF program.
Micro Loan Fund > Provides small loans to start-up, newly established, and growing small businesses. The objective is to assist business owners who have traditionally had difficulty accessing debt financing by providing them with an alternative to obtain credit.
Downtown Façade Loan Program > Provides financial assistance to encourage property and business owners to revitalize downtown commercial buildings within the towns, cities, and villages of west central Wisconsin.
Technology Enterprise Fund > A “quasi-equity,” or a patient debt, revolving loan fund that provides creative financing to new and emerging technology companies.
Qualified New Business Venture Program (QNBV) > WEDC’s QNBV Program offers incentives for investment in early-stage Wisconsin businesses with the potential for significant economic impact and job growth. Early-stage businesses developing innovative products, processes or services may apply
Business Development Tax Credit Program (BTC) > Assisting business expansion and relocation in Wisconsin. This program supports job creation, capital investment, training and the location or retention of corporate headquarters by providing companies with refundable tax credits that can help to reduce their Wisconsin state income tax liability or provide a refund.
Global Business Development Grants > Offered to assist a company’s ability to expand into global markets by providing appropriate training and education to those employees directly involved with implementing the companies export strategy.
Manufacturing and Agriculture Credit > Available for income derived from manufacturing and agricultural property located in Wisconsin and will off-set a significant share of Wisconsin income taxes.
Technology Development Loan Program > Lending options targeting the critical stages of new business development. One chief focus is helping innovative companies with promising economic futures clear the hurdles associated with bringing new technologies, products, and concepts to market.
Red Letter Grant > Two $3,000 grants and two $2,000 grants are awarded each spring and fall to aspiring women entrepreneurs. Business must be less than three years in business.
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