Over 5,200 Wisconsin businesses receive grants to support redevelopment
MADISON, Wis. (WMTV) - Approved grants are helping transform downtowns from Stoughton to Superior and everywhere in between.

Governor Tony Evers announced Wednesday that more than 5,200 businesses and nonprofits have been approved to receive a $10,000 Main Street Bounceback Grant from the Wisconsin Economic Development Corporation (WEDC) to move into previously vacant commercial spaces throughout the state.

“Since we began awarding these grants last August, more than 5,200 businesses have moved into empty storefronts or expanded their operations, and it has been great to see our Main Streets, small businesses, and their innovation thrive in communities across our state, including here in Stoughton,” explained Evers...

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Ken Notes: I love/hate this, we are investing in our local businesses but we do not have an outcome based evaluation process in place. This means some companies will create jobs while other will line their pockets. We would do far better by partnering with the local communities, banks and development professionals to create to create incentives based on actual investment. Also I hve seen a number of new nonprofits created to chase the available new money...

- - Volume: 10 - WEEK: 29 Date: 7/14/2022 10:57:54 AM -