WEDC Secretary Promotes “Shop Small Wisconsin” During FDL Visit (Audio) – KFIZ News-Talk 1450 AM

Missy Hughes, Secretary and CEO of the Wisconsin Financial Improvement Company (WEDC), visited Fond du Lac Tuesday 12/13 to advertise “Store Small Wisconsin” in addition to tout the Construct Again Predominant Road Program.

What’s WEDC doing in Fond du Lac right this moment?

We’re right here to have fun “Store Small Wisconsin.” Wisconsin is house to some superb domestically owned companies that we have to help year-round.

Everyone knows that the vacation season generally is a vital time for our primary road companies. In November Gov. Evers declared this to be “Store Small Wisconsin” season to encourage everybody to contemplate methods to help native companies as they have fun the vacations with household and mates.

Vacation buying can be an awesome cause for me to get out and go to a number of the greater than 7,700 Predominant Road  Bounceback Grant program recipients and see how these superb companies are including life to our downtowns and business corridors.

One of many issues WEDC has been doing to get people to buy small is to encourage members of our board of administrators to additionally store small. Randy Hopper, who owns the station, invited us to affix him in Fond du Lac right this moment as he did his buying, so we thought this was an awesome alternative to get again to Fond du Lac and see what’s been occurring.

What’s the Predominant Road Bounceback program?

The Predominant Road Bounceback Grant program was created by Governor Tony Evers in 2021 as a method to assist communities fill vacant business properties and assist entrepreneurs open their very own storefronts.

This system awards $10,000 grants to companies that transfer right into a beforehand vacant business property in Wisconsin. The enterprise house owners can use this cash for no matter they want hire, utilities, workers, stock.

There are actually greater than 7,700 recipients in all 72 Wisconsin counties.

It’s been great to see how creatively these companies have used this funding and it’s been superb to see the vibrancy these new companies are including to our communities.

This system is being funded by $100 million in American Rescue Plan Act {dollars}.

And there’s nonetheless just a bit little bit of time for entrepreneurs to participate. This system will finish on Dec. 31. And I’m really hoping that we will award all $100 million.

What has the Predominant Road Bounceback program completed for Fond du Lac?

•             64 functions authorised within the metropolis of Fond du Lac

•             101 apps authorised in Fond du Lac County

•             About half of these authorised to date are women-owned companies, and about one-fourth are diverse-owned.

The place can folks go to be taught extra about WEDC and its applications?

One of the best place to begin is our web site WEDC.org. WEDC additionally has regional financial growth administrators dwelling in communities throughout the state who’re at all times keen to assist and join companies and communities to different assets. Yow will discover info on contact these administrators on our web site as effectively.