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| ECONOMIC TOOLBOX |
| Tools to start your business in Marinette County, WI courtesy of MCABI An important and on-going activity of MCABI and MCIDC is providing technical assistance to new and existing businesses, municipal governments, and those who may wish to start or expand a business. The assistance can be in the form of financing, business planning, educational resources, referrals to other agencies, and informational networking. |
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| The City of Marinette built its first water treatment plant in 1888 a year after the City became incorporated. |
| THE ECONOMIC TOOLBOX |
| The State of WI Business Wizard Using a series of five question-and-answer pages, the Wizard provides customized information to help you start and operate a Wisconsin- based business. By investing a few minutes of your time, the Business Wizard will help you to: • Determine licensing, permitting and regulatory requirements • Obtain necessary application forms • Identify available state resources • Access other valuable business-related information |
| Marinette County Revolving Loan Fund The Revolving Loan Fund was established in 1990 with the creation of the Marinette County Industrial Development Corporation (MCIDC). This loan fund allowed MCABI to provide financial assistance to businesses in Marinette County. The Wisconsin Department of Commerce has a broad range of financial assistance programs to help businesses undertake economic development.The Wisconsin Department of Commerce Website is found at: www.commerce.state.wi.us Community Development Block Grant (CDBG-ED) Economic Development Program, provides grants to communities to loan to businesses for start-up, retention, and expansion projects based on the number of jobs created or retained. Customized Labor Training (CLT) Fund provides training grants to businesses that are implementing new technology or production processes. Employee Ownership Assistance Loan (EOP) Program can help a group of employees purchase a business by providing individual awards up to $15,000 for feasibility studies or progessional assistance. Economic Diversification Loan (EDL) Program has a goal of diversifying a local community's economy such that it is less dependant upon revenue from Gaming. Economic Impact Loan (EIL) Program is to help Wisconsin businesses that have been negatively impacted by Gaming. Enterprise Development Zone (EDZ) Program provides site specific tax incentives to new or expanding businesses whose projects will affect distressed areas. Industrial Revenue Bonds (IRB) are municipal bonds whose proceeds are loaned to private persons or to businesses to finance capital investment projects. Major Economic Development (MED) Program is designed to assist businesses that will invest private funds and create jobs as they expand or relocate to Wisconsin. Rural Economic Development (RED) Program is designed to provide working capital or fixed asset financing for businesses with fewer than 50 employees. Technology Development Fund (TDF) program helps Wisconsin businesses research and develop technological innovations that have the potential to provide significant economic benefit to the state. Tax Incremental Financing (TIF) helps cities in Wisconsin attract industrial and commercial growth in underdeveloped and blighted areas. A city or village can designate a specific area within its boundaries as a TIF district and develop a plan to improve its property values. Wisconsin Trade Project Program can help small export-ready firms participate in international trade shows. Agricultural Development Zone (ADZ) program provides tax incentives to new or expanding businesses involved in Wisconsin's agricultural sector. Agribusiness Guarantee is administered by Wisconsin Housing and Economic Development Authority (WHEDA). This program provides loan guarantees for projects developing products, markets, method processing or marketing for a Wisconsin-grown commodity. Brownfields Initiative provides grants to persons, businesses, local development organizations, & municipalities for environmental remediation activities for brownfield sites where the owner is unknown, cannot be located or cannot meet the cleanup costs. Business Employees' Skill Training (BEST) Program was established by the Wisconsin Legislature to help small businesses and industries that are facing severe labor shortages upgrade the skills of their workforce. CAPCO Program is intended to increase investment of venture capital funds into small business enterprises which have traditionally had difficulty in attracting institutional venture capital. Community Development Zone Program promotes a business relocating or expanding to Wisconsin on a particular site in any area of the state that suffers from high unemployment, declining income and property values, and other indicators of economic distress. Dairy 2020 Early Planting Program encourages and stimulates the startup, modernization, and expansion of Wisconsin dairy farms. Early Planning Grant (EPG) Program helps individual entrepreneurs and small businesses throughout Wisconsin to obtain the professional services necessary to evaluate the feasibility of a proposed start up or expansion. Entrepreneurial Training Grant (ETG) Program Commerce can provide applicants with a grant to help cover a portion of the cost of attending Small Business Development Center's (SBDC) new Entrepreneurial Training Course. Freight Railroad Infrastructure Improvement Program awards loans to businesses or communities wishing to rehabilitate rail lines, advance economic development, connect an industry to the national railroad system, or to make improvements to enhance transportation efficiency, safety, and intermodal freight movement. Linked Deposit Loan (LiDL) is administered by Wisconsin Housing and Economic Development Authority (WHEDA). This program offers women and minority owned and operated businesses a two-year interest rate subsidy on the portion of a new bank loan of $10,000 to $99,000 that covers land, building and equipment. Milk Volume Production (MVP) Program is designed to assist dairy producers that are undertaking capital improvement projects that will result in a significant increase in Wisconsin's milk production. Minority Business Development Fund offers low-interest loans for start-up, expansion or acquisition projects. Petroleum Environmental Clean-up Fund reimburses property owners for eligible clean-up costs related to discharges for petroleum tank systems. Recycling Demonstration Grant Program helps businesses and local governing units fund waste reduction, reuse, and recycling pilot projects. Technology Zone Program provides tax incentives to new or expanding busineses involved in Wisconsin's high-technology sectors. Small Business Administration (SBA) provides loan guarantees that are used in conjunction with bank financing to improve loan terms. Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive federal programs that provide financial assistance to small businesses engaged in new product development utilizing innovative technologies. State of Wisconsin Investment Board (SWIB) is one of the largest pension funds in the world. SWIB's staff makes special efforts to explore investments (minimum $3million) within the state. Wisconsin Housing and Economic Development Authority (WHEDA) Small Business Guarantee can be used for expenses of land, buildings, equipment and inventory associated with the expansion or acquisition of a small business (50 or less full-time employees). Wisconsin Fund provides grants to help small commercial businessses rehabilitate or replace their privately-owned sewage systems. Wisconsin Transportation Economic Assistance Program funds transportation facilities improvements (road, rail, harbor, airport) that are part of an economic development project. Wisconsin Women's Businesse Initiative Corporation (WWBIC) offers micro loans to businesses owned by women, minorities, and low-income individuals. |
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| Link to Local Census For statistical information for a wide variety of categories pertaining to the United States |
| Fast Links to more business information |
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| Link to Green Energy NEWS |
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