Doyle Announces $750,000 in Community-Based Economic Development Grants
MADISON - Gov. Jim Doyle today announced that 24 Wisconsin community-based organizations
will share 26 grants totaling $753,100 from the Department of Commerce (Commerce)
Community-Based Economic Development (CBED) and Community Development Block
Grant (CDBG) Programs. Commerce Secretary Mary P. Burke made this announcement
on the Governor's behalf at the Commerce Building, Madison.
"My 'Grow Wisconsin' Initiative calls for investing in
our communities by promoting entrepreneurship and business development,"
said Gov. Doyle. "These grants will help 21 organizations continue to create
economic opportunities across Wisconsin."
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 training. 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, Commerce, 608/266-2742.
The recipients are as follows:
Development Corporation, Madison, Dane County, $15,000 CBED grant
Genesis Development Corporation will use the grant for operation of its incubator. The incubator provides good jobs for minority young adults and has created nearly 100 jobs in three years.
Asset Builders of America, Inc., Madison, Dane County, $22,500 CBED grant
Asset Builders of America, Inc. will use the grant increase its presence in Milwaukee and expand its entrepreneurship activities. The company will specifically continue teaching young people about money management.
Homeboyz Interactive, Milwaukee, Milwaukee County, $50,000 CBED grant
Homeboyz Interactive will use the grant to help statewide non-profit organizations develop websites. The project will help the company expand its training programs to other Wisconsin cities and introduce disadvantaged youth to state-of-the art technology.
Wausau Business Incubator, Inc., Wausau, Marathon County, $45,000
Wausau Business Incubator, Inc. will use the grant to equip its new technology incubator. This project will leverage $3 million in additional funding.
Western Dairyland Economic Opportunity Council, Inc., Independence
Trempealeau County, $45,000 CBED grant
Western Dairyland Economic Opportunity Council, Inc. will use the grant to expand its statewide Common Market project to more populated regions. The project is developing a website for Wisconsin-made products.
Platteville Business Incubator, Platteville, Grant County, $30,000
CBED grant and $30,000 CDBG grant
Platteville Business Incubator will use will use the CBED grant to rehabilitate space in its facility for a rapidly expanding engineering firm.
The project will increase revenue for the facility and will encourage growing businesses paying quality wages to remain in Wisconsin. Platteville Business Incubator will use the CDBG grant for operating costs.
T.E.C. Center Inc., Madison, Dane County, $15,000 CBED grant
T.E.C. Center, Inc. will use the grant to provide business assistance to its high-tech occupants. The project has been developed in conjunction with Madison Area Technical College and a private developer.
Commerce Secretary Mary P. Burke presents a $15,000 grant to Morton Gazerwitz (right) and Mike Bonertz, ADVOCAP, Inc., Fond du Lac.
ADVOCAP, Inc., Fond du Lac, Fond du Lac County, $15,000 CBED grant
ADVOCAP, Inc. will use the grant to develop a state-of-the-art technology
center for small business in the Berlin area. This is an area where access
to web services is limited.
Center for Teaching Entrepreneurship, Milwaukee, Milwaukee County,
$15,000 CBED grant
Center for Teaching Entrepreneruship will use the grant to fund the operation of its program that serves many inner-city youth interested in starting a business.
Urban League of Greater Madison, Madison, Dane County, $20,000 CBED
Urban League of Greater Madison will use the grant to help plan a multi-purpose building, including a business center to serve Madison's minority community. This project will leverage nearly $2 million in additional funding, pending a successful feasibility study and plan.
Oaklawn Harmony Center, Menomonie, Dunn County, $50,000 CBED grant
Oaklawn Harmony Center will use the funds to move two successful local incubators, the UW-Stout Technology Incubator and the Crossroads Food Incubator, into its new facility.
Advance Business Development Center, Green Bay, Brown County,
$50,000 CBED grant
Advance Business Development Center will use the grant to cover operating and equipment costs for a new $5 million Technology Incubator in Green Bay.
Urban Economic Development Association of Wisconsin, Inc.,
Milwaukee, Milwaukee County, $45,000 CBED grant
Urban Economic Development Association of Wisconsin, Inc. will use the grant to provide assistance to incubators throughout the state and to the Wisconsin Business Incubator Association. The project will also include the coordination of a statewide incubator conference to improve the operation and marketing of incubators.
Commerce Secretary Mary P. Burke presents a $15,000 grant to Redonna Rogers, Center for Teaching Entrepreneurship.
Common Wealth Development Corp., Madison, Dane County, $10,000 CBED
Common Wealth Development Corp. will use the grant to study the feasibility of starting an arts incubator in Madison. The proposed facility is a vacant building on Madison's East Side, where many area artists reside.
East Side Business Improvement District #10, Milwaukee, Milwaukee
County, $10,000 CBED grant
East Side Business Improvement District #10 will use the grant to turn an unused building in its neighborhood into an Arts Incubator. The site is next to a new Arts School being built by the University of Wisconsin-Milwaukee and the Incubator will provide businesses opportunities and technical assistance to graduates.
Wisconsin Assembly for Local Arts, Inc., Madison, Dane County,
$10,000 CBED grant
Wisconsin Assembly for Local Arts, Inc. will use the grant for training sessions. The sessions will focus on increasing awareness of artists associations about opportunities to improve sales and profitability through organizations such as the Small Business Development Centers and the Wisconsin Common Market.
Science and Technology Accelerator Corporation, River Falls, Pierce
County, $20,000 CBED grant
Science and Technology Accelerator Corporation will use the grant to expand a River Falls technology incubator. The company will collaborate with University of Wisconsin - River Falls, the City of River Falls, and a private developer.
Wisconsin Women's Business Initiative Corporation, Milwaukee,
Milwaukee County, $94,600 CBED grant
Wisconsin Women's Business Initiative Corporation will use the grant to continue funding its statewide business assistance programs that are located around the state.
Heart of Wisconsin Community Incubator, Wisconsin Rapids, Wood
County, $20,000 CBED grant
Heart of Wisconsin Community Incubator will use the grant to develop a comprehensive system to provide technical assistance to small businesses in the Wisconsin Rapids area.
Wisconsin Business Innovation Corporation, Spooner, Washburn County,
$19,000 CBED grant
Wisconsin Business Innovation Corporation will use the grant to organize a venture fair that will seek to identify new partners in investment and companies with growth potential that need capital.
Wisconsin Technology Council, Madison, Dane County, $55,000 CBED
The Wisconsin Technology Council will use the grant to continue its venture capital fair and expand activities throughout the state.
Northwest Regional Planning, Spooner, Washburn County, $19,000 CDBG
Northwest Regional Planning will use the grant to design and develop a flexible wall system for use in its six incubators. The project should greatly reduce the operating costs for incubators and make space easier to rent.
Commerce Secretary Mary P. Burke presents an $8,000 grant to Mayor Doug Oitzinger and Gary Nadelny, Executive Director, Marinette Area Chamber of Commerce.
Marinette Chamber of Commerce Foundation, Marinette, Marinette County,
$8,000 CDBG grant
Marinette Chamber of Commerce Foundation will use the grant to perform
a feasibility study for development options, including a countywide incubator.
Ashland Area Development Association, Ashland, Ashland County,
$19,000 CDBG grant
Ashland Area Development Association will use the grant to continue operating a 60,000-sq.-ft. incubator. The incubator is operating at more than two-thirds of its available capacity and has become a major source of economic development in northern Wisconsin.
CAP Services, Stevens Point, Portage County, $15,000 CDBG grant
CAP Services will use the grant to operate its virtual incubator project.
This project has leveraged over $280,000 in both federal and private funds.
- Tony Hozeny