Financing & Technical Business Resources for Developing Working Capital and Other Financial Opportunities
Whether you're seeking capital financing or complex technical assistance, the Rock County Development Alliance is your one-stop working business resource. The Alliance has well established relations with various local, state and federal agencies. This tenure and team approach enables the Alliance to deliver a proven working track record as it relates to facilitating development projects, minimizing costs, streamlining local / state regulations and packaging value-added assistance.
Generally, the Wisconsin Economic Development Corporation (formerly known as the Department of Commerce) is the most direct source for business development programs, offering financial and technical assistance to working communities and businesses alike. WEDC's assistance is usually based upon the ability of a project to demonstrate feasibility, through employment creation / retention and capital investment documentation. Since these programs support, rather than compete with offerings from other providers, multiple funds are often “packaged”.
These resources are enhanced by Wisconsin's retooled business climate, including such items as: a 100% fully funded public capital pension system; historically lower electric, unemployment insurance and worker's compensation rates; the exclusion of long-term capital gains for investments attributed to qualified working Wisconsin businesses; and the effective reduction of Wisconsin income tax obligations due on qualified manufacturing and agricultural production activities. This change falls within the Manufacturing & Agriculture Credit, administered by the WI Department of Revenue, provides a credit that will total 7.5% for taxable years after December 31, 2015.
For additional information, please contact the Alliance and/or view the listings below. To search an interactive database of various federal, state and/or local programs feel free to utilize this online Capital Resource Directory.
Entrepreneurial & Small Business Capital Assistance
Workforce Training Assistance
Income Tax Credits
Tax Increment Financing
Capital Lending Programs
Brownfield Redevelopment & Remediation Programs
Export Assistance Programs