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So Many Reasons to Celebrate!

There are all kinds of reasons to celebrate Economic Development Week (May 9-13), but one of the most important is to celebrate, recognize, and thank the many staff, volunteers, and economic development organizations that work diligently to build wealth in our communities. Their daily actions create more economically vibrant and livable places, as well as encourage teamwork among organizations and businesses. In the Chippewa Valley, our local governments have officially proclaimed Economic Development Week. CEDC utilizes the week to not only pat ourselves on the back but to congratulate our partners, collaborators, and colleagues for all the hard work they do. It is always productive to take a moment to reflect on the accomplishments and gather together to network and lift each other up so the mission of economic development can continue. On Thursday, [...]

So Many Reasons to Celebrate!2022-05-18T15:02:52-05:00

Berlin BEAR

On a snowy morning last week, Chippewa Economic Development Corporation (CEDC) welcomed Nicola Michels, Wisconsin Economic Development Corporation (WEDC)’s Trade Representative in Germany. Nicola is from Berlin, Germany, and is a WEDC consultant working to help Chippewa Valley businesses begin their exporting program. Berlin, Germany’s coat of arms is a bear, of course, so it was only fitting that she be the guest of a CEDC BEAR Discussion centering around exporting! Discovering the opportunities that Germany and the Broader European Market offer was the main topic of the CEDC BEAR discussion. BEAR, or Business Expansion and Retention, is the CEDC’s flagship economic development program and makes up about eighty percent of our efforts as an organization. Our BEAR Program is aimed at helping our existing businesses get the information and resources they need [...]

Berlin BEAR2022-01-19T14:19:00-06:00

Expand your Market: Learn about Doing Business in Central Europe

Are you a new or active exporter? Is your company looking to expand to new markets? Want to find opportunities for business growth overseas? Then this Business Expansion And Retention (BEAR) Discussion is for you! Join the Chippewa Economic Development Corporation (CEDC), Wisconsin Economic Development Corporation (WEDC), UW-Stout Manufacturing Outreach Center (MOC), Momentum West, and the Small Business Development Center (SBDC) for an interactive discussion, Q&A session, networking, and breakfast. Nicola Michels, the Senior Manager and Consultant at WEDC’s Trade Representative in Germany, is joining us to meet with Wisconsin businesses, answer questions, and discuss market opportunities in Europe (excluding the UK, France, Ireland, and the Benelux countries), with an emphasis on southern Germany and Austria. WEDC is planning a trade venture to that region with stops in Munich, Germany and Linz and [...]

Expand your Market: Learn about Doing Business in Central Europe2021-12-17T12:49:07-06:00

Hewlett Packard Enterprise Planning to Invest $22 Million into the Chippewa Falls facility

Hewlett Packard Enterprise Company (HPE) in Chippewa Falls, WI. announces plans to invest $22 million into their Chippewa Falls facility formerly run by supercomputing company Cray Inc. to turn it into high-performance computing center of excellence and create more jobs in the process. The computer technology company will receive $8 million in Enterprise Zone tax credits over the next five years under an incentive package approved by Governor Tony Evers and the Wisconsin Economic Development Corporation (WEDC) board of directors. Under the plan approved the Chippewa Falls location would be designated as the Enterprise Zone (EZ) and continue retaining its current workforce of almost 500 high-paying jobs in Chippewa County. The company plans to establish the Chippewa Falls site and invest millions in improvements, moves that would create 30 new jobs. HPE’s renewed [...]

Hewlett Packard Enterprise Planning to Invest $22 Million into the Chippewa Falls facility2021-01-27T12:31:36-06:00

Shop Main Street WI

Good news for all our small businesses in the Chippewa Valley and Wisconsin that offer ecommerce and shipping options – the MainStreetWI.com online retail portal is expanding statewide. The portal, launched in June for participants in WEDC’s Main Street and Connect Communities programs, will be expanded! This campaign will include additional media and social media tools and resources which will be released on November 16th, but in advance of this launch, WEDC is hoping to identify additional businesses that should be added to the site to allow Wisconsinites to shop local when they are shopping online this holiday season. Surveys show that more than 70% of consumers plan to do at least some online shopping this year, and WEDC would like to make it easier to identify and purchase goods online from local [...]

Shop Main Street WI2020-11-10T15:30:01-06:00

We’re All Innovating Contest

Innovation can come from many directions – a small business that offers new ways of dining; a precision machining shop that tweaks a new part for ventilators; or a startup that’s using software to improve e-learning. Whatever it may be Chippewa County Economic Development Corporation (CCEDC) would like you to know about a new contest that Wisconsin Economic Development Corporation (WEDC) is offering for Wisconsin businesses. Wisconsin businesses of all sizes and in all industries are demonstrating resilience, ingenuity and compassion—all traits our state is well known for—in their response to COVID-19. WEDC is recognizing and rewarding these companies with Coronavirus Aid, Relief, and Economic Security (CARES) Act funding through the We’re All Innovating Contest, administered in partnership with the Wisconsin Technology Council.  As we work together to build a stronger economy, we [...]

We’re All Innovating Contest2020-10-01T12:23:29-05:00

Champion of Economic Development Awarded to Rep. Rob Summerfield

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 [...]

Champion of Economic Development Awarded to Rep. Rob Summerfield2020-06-30T15:30:17-05:00

Paycheck Protection Program and WEDC’s We’re All In

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 [...]

Paycheck Protection Program and WEDC’s We’re All In2020-06-08T14:20:38-05:00

WEDC’s We’re All In $2,500.00 Grant Program

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 [...]

WEDC’s We’re All In $2,500.00 Grant Program2020-06-05T09:24:47-05:00

USDA to Provide $1 Billion in Loan Guarantees for Rural Businesses and Ag Producers

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 [...]

USDA to Provide $1 Billion in Loan Guarantees for Rural Businesses and Ag Producers2020-05-28T11:34:48-05:00

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