Lunch & Learn: New Market Tax Credits
Join us for a deep dive into the federal New Market Tax Credit program.
WI FARM TECHNOLOGY DAYS “GROWS TO THE TUNE OF SUCCESS” IN 2024
CADOTT, WI: Wisconsin Farm Technology Days, the state's premier agricultural exposition, is set to take place in Cadott from August 13th to 15th, 2024. Hosted at Close Farms and the Country Fest grounds, this year's event promises to be a dynamic showcase of cutting-edge farm technology, innovation, and sustainable agricultural practices. Wisconsin Farm Technology Days is an annual celebration that brings together farmers, industry experts, and agricultural enthusiasts to explore the latest advancements in the field. This year's event in Cadott will provide a platform for agricultural professionals to connect, learn, and exchange ideas, with a focus on enhancing productivity, sustainability, and overall farm efficiency. Key event highlights will include: Exhibition of State-of-the-Art Farm Machinery: Leading manufacturers will showcase their latest machinery and equipment, offering attendees a firsthand look at the technological innovations [...]
The Northern Wisconsin State Fair – A Boost for Chippewa Falls
The Northern Wisconsin State Fair is more than just 5 days of fun and festivities; it’s a cherished tradition that brings our community together and has a significant positive impact on Chippewa Falls. Every year, residents and visitors eagerly anticipate the fair, which showcases our region's agricultural heritage, local talent, and vibrant culture. The fair is a major economic driver for Chippewa Falls, drawing thousands of visitors from across the state and beyond. Local businesses experience a surge in activity as fairgoers dine at restaurants, stay in hotels, and shop at stores. The influx of visitors boosts revenue for local merchants and creates seasonal job opportunities, providing an economic lifeline for many small businesses. Agricultural exhibits and competitions are at the heart of the fair, highlighting the importance of farming in our community. [...]
Economic Development Is A Continuing Journey of Independence
As fireworks light up the night sky and families gather for barbecues, the 4th of July stands as a powerful symbol of freedom and independence. Beyond the celebrations, it's a time to reflect on the broader concept of independence, particularly economic development and its role in sustaining the freedom our forefathers fought for. When the Declaration of Independence was signed in 1776, it wasn't just a political statement; it was a call for economic autonomy. The American colonies sought to break free from the mercantilist policies of the British Empire, which restricted their trade and stifled economic growth. The founders envisioned a nation where economic freedom would pave the way for prosperity and innovation. Economic development is crucial in maintaining and expanding the independence celebrated on the 4th of July. It involves improving [...]
CHIPPEWA COUNTY, WISCONSIN ISSUED BDO ZONE ‘A’ RATING FOR CORN STOVER
(Chippewa Falls, WI) June 25th, 2024 - The BDO Zone Initiative has issued a BDO Zone ‘A’ rating for Chippewa County, Wisconsin for 380,000 bone dry tons per year of corn stover. The Chippewa Economic Development Corporation (CEDC) and Ecostrat are pleased to announce the establishment of a Chippewa BDO Zone and the issue of an investment grade ‘A’ Rating for Corn Stover for the Zone. The BDO Zone Initiative certifies regional readiness for bio-based manufacturing, creates global connections with project developers, and ignites an influx of clean energy opportunities. The Chippewa County BDO Zone is the first ‘A’ rating in the State of Wisconsin and extends a 75-mile drive distance from Chippewa Falls, WI.A BDO Zone rating is an internationally recognized standards-based technical risk assessment of biomass feedstock, supply chain, and infrastructure [...]
The Economic Power of Sports
Sports are more than just a source of entertainment and community pride; they are a powerful economic engine driving substantial financial activity worldwide. From professional leagues to local youth teams, the economic impact of sports is vast and multifaceted. Professional sports leagues generate billions of dollars annually through ticket sales, broadcasting rights, sponsorships, and merchandise. Major events like the Super Bowl, the World Series, and the Olympics attract massive global audiences, driving advertising revenues and boosting host city economies through tourism and infrastructure investments. The construction and maintenance of stadiums and sports facilities create jobs and stimulate local economies, while ancillary businesses such as hotels, restaurants, and retail outlets benefit from the influx of fans. At the grassroots level, sports contribute to economic development through youth leagues and community programs. These activities promote [...]
Summer Break and Its Impact on Economic Development
As the school year ends and summer break begins, students and families across the country prepare for a season of rest, travel, and exploration. While summer break is a cherished tradition, it's also an important period that influences economic development in various ways. One of the most immediate impacts of summer break is the boost it provides to the tourism industry. Families often take advantage of the time off to travel, whether it's a local beach, a national park, or an international destination. This influx of tourists supports local economies, creating jobs and generating revenue for businesses such as hotels, restaurants, and attractions. Summer break also opens up numerous seasonal employment opportunities for students and others. From lifeguarding at community pools to working in retail or hospitality, these jobs provide valuable work experience [...]
Memorial Day and Its Economic Impact
As Americans come together to honor the brave men and women who have sacrificed their lives in service to our country, Memorial Day holds a special place in our hearts and history. This solemn occasion also marks the unofficial start of summer, bringing with it a host of economic activities that have a significant impact on our economy. Memorial Day weekend is one of the busiest travel periods of the year. Many families take advantage of the long weekend to embark on road trips, visit relatives, or explore new destinations. This surge in travel activity boosts the transportation sector, with increased demand for gasoline, car rentals, and flights. Hotels, restaurants, and local attractions also benefit from the influx of tourists, driving substantial revenue growth for the hospitality industry. Retailers see a noticeable uptick [...]
CEDC Assists with Basic Economic Development Course
Recently, Eau Claire, Wisconsin, hosted a Wisconsin Economic Development Association's Annual Basic Economic Development Course (BEDC) for 2024. This four-day training event brought together over 40 participants, including economic developers, public officials, and young professionals from various states, all eager to enhance their skills in economic development and related industries. The course featured sessions led by seasoned economic development experts, covering critical topics such as business retention and expansion, strategic planning, marketing, economic development finance, and workforce development. One notable instructor was Charlie Walker, President and CEO of the Chippewa Economic Development Corporation (CEDC), who provided invaluable insights on managing economic development organizations. Graduating from the BEDC is a significant step for those aiming to earn the Certified Economic Developer (CEcD) designation through the International Economic Development Council (IEDC). Accredited by both the [...]
RESCO Opens for Business in Stanley, WI
Stanley, Wisconsin - Yesterday marked a momentous occasion as Rural Electric Supply Cooperative (RESCO) inaugurated its state-of-the-art warehouse facility, spanning an impressive 40,000 square feet. The expansion of the company into Stanley reflects RESCO’s commitment to providing its electric utility members and customers with exceptional service and reliable inventory, as well as quick response to weather-related and storm damage needs. RESCO is a member-owned, not-for-profit wholesale distributor of high voltage electrical products and is one of the largest full-line distributors in the Midwest. The grand opening ceremony drew over 100 representatives from member cooperatives, Stanley business community, and elected officials who eagerly explored the modern efficient operations. The culmination of diligent collaborative efforts from various stakeholders, including the Chippewa Economic Development Corporation, the Clark County Economic Development Corporation, the City of Stanley, and [...]