Chippewa County Economic Development Corporation (CCEDC) was able to help celebrate alongside Wisconsin Economic Development Association (WEDA) as they recently presented Rep. Rob Summerfield 67th Assembly District (R-Bloomer) as a Champion of Economic Development for the 2019-20 session for his leadership on legislative initiatives to drive economic growth and prosperity in Wisconsin. The award is presented to state legislators who exemplify WEDA’s mission of promoting economic development and are committed to making Wisconsin a better place to live, work and do business through effective policies. Rep. Summerfield earned the “Champion of Economic Development” designation for his work on key legislation during the 2019-20 legislative session, which included Small Business Development, Tourism, and other various committees. This past session alone, Rep. Summerfield helped secure additional broadband grants for the Chippewa Valley; ushered through legislation to [...]
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CCEDC would like to share valuable information on two new developments that have been shared with our organization regarding the Paycheck Protection Program and WEDC's We're All In Grant Program. Changes to the Paycheck Protection Program (PPP) were signed into law. The changes add flexibility to use the funds. Changes to the PPP include: Small businesses can use the funding for up to 24 weeks, instead of the original eight weeks Instead of requiring 75% of the funds to be used for payroll costs, that amount is dropped to 60% Initially employees needed to be rehired by June 30, that is now extended to December 31 If the loan is not forgiven entirely, businesses have up to five years to pay it back, instead of just two years Repayments are deferred until the [...]
CCEDC has learned more on WEDC’s We’re All In $2,500.00 Grant Program and we will continue to assist local businesses as we learn more. At this time CCEDC would like to provide you with what we know about this Grant Program. The Wisconsin Economic Development Corporation (WEDC) will be accepting applications online from 8:00 AM on Monday, June 15 to 11:59 PM on Sunday, June 21. The general application process is as followed: There are around 95,000 companies in Wisconsin with 20 or less employees and only 30,000 grants available. Because of this, some eligible businesses that apply may not receive a grant. Here is the process of determining who is going to receive the grant. The grant will not be first come, first serve. WEDC will take applications throughout the application period [...]
CCEDC would like to share with you valuable information at this time regarding the U.S. Department of Agriculture (USDA). USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. Additionally, agricultural producers that are not eligible for USDA Farm Service Agency loans may receive funding under USDA Business & Industry (B&I) CARES Act Program provisions included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. USDA intends to consider applications in the order they are received. However, the Department may assign priority points to projects if the demand for funds exceeds availability. Lenders and applicants may contact Justin Kirking, Acting Business Programs Director, at 715-345-7639 or Justin.Kirking@usda.gov. In addition to expanding eligibility to certain agricultural producers, these changes allow USDA [...]
Gov. Evers Announces $75 Million We’re All In Grant Program and Initiative to Spur Wisconsin’s Economic Recovery, Promote Safe Business Practices
Gov. Tony Evers announced a $75 million in assistance for small businesses as part of the Wisconsin Economic Development Corporation’s We’re All In initiative, a comprehensive effort to celebrate and help Wisconsin’s small businesses get back on their feet and support best practices to keep businesses, consumers, employees and communities safe. Funded largely by federal dollars received through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this initiative will provide direct assistance to small businesses most impacted by the duration and restrictions of the COVID-19 pandemic. These $2,500 cash grants will assist with the costs of business interruption or for health and safety improvements, wages and salaries, rent, mortgages, and inventory. Businesses will be able to apply for grant assistance in early June. Wisconsin small businesses have stepped up during this pandemic to [...]
Our high school seniors in Wisconsin are missing out on major milestones this year. For that reason, Z100 and Hot Country B95 are throwing them an on-air commencement for their hard work and continued positive attitudes during these trying times. Every senior’s name read during the ceremony will receive a Toppers Pizza’s gift card, a Micon Cinemas gift card, AND... one student will be randomly drawn to win a new-to-them car ($6,000 value) from Prestige Auto Corporation - OR - a 1-year lease of a 2020 KIA Soul! FIRST, ENTER your senior's name: HERE After tune in and relax with your favorite senior and celebrate them! Listen to Hot Country B95 or Z100 - commencement begins at noon. Winner of the car will be announced at the end of the ceremony.
Gov. Tony Evers announced Wisconsin's "Badger Bounce Back" plan which outlines important criteria for Wisconsin to be able to reopen its economy in phases and includes steps to make sure workers and businesses are prepared to reopen as soon as it is safe to do so. “The Badger Bounce Back plan is informed in part by the President's Guidelines for Opening Up America Again that was issued by the White House on April 16, 2020. Currently, Wisconsin does not meet the criteria the White House established to start reopening our state. The Badger Bounce Back plan takes important steps to get the state of Wisconsin there,” according to a news release from the Governor’s office. The plan would require the following before ending the Safer at Home order: A downward trajectory of influenza-like [...]
A big step has been taken by Chippewa Valley’s own based start-up business. Jim McDougall from UpStream AV has recently been named a finalist among twenty-eight other entries representing sectors as broad as health technologies and innovations in products or services who are all competing in the 17th Annual Wisconsin Governor’s Business Plan Contest. UpStream launched in 2019 as a start-up technology business engaging in AV’s most pressing problems with next generation technology. UpStream focuses on developing next generation AV over IP solutions to make systems easier to use, faster to install, and overall, more flexible. This top of the line technology will be used more frequently in convention centers, restaurants, hotels, airports, businesses, houses of worship and various other locations with the systems that businesses need to reach their consumers in ways [...]
Exciting news is something we all need during these uncertain times and that is what VentureHome-Eau Claire, a new startup hub, announced this spring. This startup hub combines statewide resources with community initiatives to provide local entrepreneurs access to a full menu of startup resources in their community. They also serve as a landing spot for Wisconsin’s entrepreneurial “alumni” to “venture home” and contribute to their local communities. The seed accelerator launched at the beginning of April 2020 with six individuals all looking to start their own businesses in the area, beginning with the first cohort with virtual programming amidst COVID-19.The accepted individuals and businesses include Jim McDougall, Upstream AV, Eric Boud, Life-Line, Beth Crowell, The Hippie Banker, Brian Graff, Solar Forma, Aaron Accola, ALO Applications, and Mary Cait McManamon, Spark Convos, LLC. [...]