Wisconsin Department of Commerce Newsletter
Gov. Doyle Announces Grants to Aid Southeastern Wisconsin Community Development Efforts
MILWAUKEE-Gov. Jim Doyle recently announced that seven southeastern Wisconsin organizations will share grants totaling $300,000 from the Department of Commerce to promoted community development efforts. Lt. Gov. Barbara G. Lawton presented the grants at the Wisconsin Women's Business Initiative Corporation office in Milwaukee.
"My Grow Wisconsin Initiative calls for investing in our communities to promote entrepreneurship and business development in areas most in need of new economic opportunity," Gov. Doyle said. "Today's awards will leverage $1,608,625 in additional investment."
The following summarizes the awards:
Wisconsin Women's Business Initiative
Corporation (Wwbic), Milwaukee, Milwaukee County, $102,000 Community-based
Economic Development Program (CBED) grant.
The Center For Teaching Entrepreneurship,
Milwaukee, Milwaukee County, $30,000 CBED grant.
North Avenue Community Development
Corporation, Milwaukee, Milwaukee County, $52,500 CBED grant.
Wisconsin Technology Council, $62,000
Burleigh Street Community Development
Corporation, Milwaukee, Milwaukee County, $22,500 CBED grant.
Urban Economic Development Association
(Ueda), Milwaukee, Milwaukee County, $25,000 CBED grant.
The CBED Program is designed to promote local business development in economically distressed areas. The program awards grants to community-based organizations for development and business assistance projects and to municipalities for economic development planning. The program also helps community-based organizations plan, build, and create business and technology-based incubators, and can also capitalize an incubator tenant revolving-loan program. For further information, contact Jim Frymark, 608/266-2742.
-- Tony Hozeny
The newsletter is issued electronically every other month.
Please send comments or questions to Barbro McGinn, editor.