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Growing Quality Of Life

Business Programs and Resources

Brownfield Program

Wisconsin’s Brownfield Program provides grant funds to assist local governments, businesses and individuals with assessing and remediating the environmental contamination of an abandoned, idle or underused industrial or commercial facility or site. This program will help convert contaminated sites into productive properties that are attractive and ready for redevelopment.

For additional program details, click here.

Business Opportunity Loan

Assisting Business Expansion and Relocation

A business must create new full-time positions and/or retain its existing full-time employment base in Wisconsin to qualify. Loan requests under $200,000 will be referred to the appropriate local or regional revolving loan fund first.

For additional program details, click here.

Capacity Building Grants

Strengthening the Organizations that Drive Local Development

Capacity Building (CAP) Grant funds are designed to help strengthen Wisconsin’s economic development network by assisting local and regional economic development groups with economic competitive assessments and the development of a Comprehensive Economic Development Strategy.

For additional program details, click here.

Enterprise Zone Tax Credit

Assisting Business Expansion and Relocation

Businesses located in or relocating to Wisconsin may be eligible for Enterprise Zone Tax Credits. A certified business may qualify for tax credits only for eligible activities that occur after an eligibility date established by WEDC.

For additional program details, click here.


Global Markets Create New Opportunities for Products Made in Wisconsin

ExporTech™, an export acceleration program delivered in partnership by the Wisconsin Economic Development Corporation (WEDC), the Wisconsin Manufacturing Extension Partnership (WMEP) and the UW-Stout Manufacturing Outreach Center (MOC), helps Wisconsin companies expand their global market reaches through targeted export strategy development and execution.

For additional program details, click here.

Impact Loans

Expanding Business

Businesses with expansion projects that will have a significant impact on job creation, job retention, capital investment and on the surrounding community may be eligible for WEDC’s Impact Loan Program—a forgivable loan program.

For additional program details, click here.

Impact Seven Programs

A community development corporation (CDC) that offers a variety of loans and venture capital for growing Wisconsin businesses through its four major financing programs, Impact Seven offers low cost deals and flexible terms.

Greater Wisconsin Fund

Impact Seven has assembled a number of different revolving loan funds to create this program, which serves the entire state of Wisconsin. Loans from this program are generally from $35,000 to $1,000,000. Most new and expanding businesses are eligible.

Venture Capital Fund

Impact Seven’s Venture Capital Fund is one of few such pools in Wisconsin. It is available statewide for ventures that have high growth potential and will consider sharing equity.

SBA Microloan Program

Impact Seven is an intermediary for the U.S. Small Business Administration (SBA) Micro Loan Program, an alternative loan program providing technical assistance and loans of up to $50,000 to new and expanding small businesses. Generally, if you are the owner of a for-profit small business in Wisconsin, you are eligible for this program.

For additional program details, click here.

Industrial Revenue Bond

Strengthening the Organizations That Drive Local Development

Industrial Revenue Bonds (IRBs) are designed to help Wisconsin municipalities support industrial development through the sale of tax-exempt bonds.

For additional program details, click here.

Qualified Wisconsin Business Certification

Capital Gain Tax Deferral and Exclusion for Investments in Qualified Wisconsin Businesses

The Wisconsin Economic Development Corporation (WEDC) certifies qualified businesses for eligibility of Wisconsin-source assets and long-term Wisconsin capital asset deferral.

For additional program details, click here.

Small Business Association (SBA) 504 Loan Program

The U.S. Small Business Administration (SBA) 504 loan program was developed by Congress to assist growing businesses by offering an attractive financing option for real estate and equipment needs. The SBA utilizes Certified Development Companies (CDCs) to process and administer the loan program on its behalf. There are currently 270 CDCs nationwide, each covering a specific geographic area.

For additional program details, click here.

Training Grants

Improving Work Skills through Job Training

Wisconsin provides Training Grants to assist businesses in workforce retention and expansion into new markets and technology. The program provides grant funds to businesses to upgrade or improve the job-related skills of its full-time employees. Grant funds may be approved for eligible training and provided to existing and new employees in full-time jobs.

For additional program details, click here.

Wisconsin Housing and Economic Development Authority (WHEDA) Programs

WHEDA offers a number of programs and services in support of business development within the State of Wisconsin.

Guarantee Programs: Loan guarantees targeted to specific types of economic development projects.

Participation Lending: Partnerships with lending institutions to provide commercial credit for larger projects.

State Small Business Credit Initiative: Capital access, private equity and other programs that promote job creation and retention.

New Markets Tax Credit (NMTC) Program:

WHEDA serves as a resource to help fuel job creation and economic development efforts by promoting equity investment in low-income urban and rural communities. Businesses involved in NMTC deals can obtain benefits including lower interest rates on loans, interest-only payments for seven years, non-traditional financing not available in the marketplace, access to a reduced cost of capital, and more. Projects must be located in highly distressed census tracts, which are determined by factors such as poverty rates and percentage of median family income.

For additional program details, click here.

Northern Initiatives

Northern Initiatives, a Community Development Financial Institution, delivers loans and business services to small business owners and entrepreneurs who create jobs and enable the people and communities of northern Michigan and northern Wisconsin border counties to thrive.

For additional program details, click here.

Wisconsin Manufacturing and Agriculture Credit

Wisconsin is well known for our manufacturing leadership. And because innovations in this industry continue to create a competitive advantage for our state, we provide specific incentives to manufacturers to maximize their production here. Chief among them is the Manufacturing and Agriculture Credit, which virtually eliminates the tax on income from manufacturing activity in the state.

For additional program details, click here.

WWBIC Business Lending

The Wisconsin Women’s Business Initiative Corporation (WWBIC) is a statewide economic development corporation that provides quality business education and financing to Wisconsin’s entrepreneurs and small business owners. WWBIC makes loans up to $100,000 to small and micro businesses that meet a specific set of criteria and qualifications.

For additional program details, click here.