COVID-19 Resources

Entrepreneurship & Small Business

Financial Resources

Working Capital & Business Resources That Create Opportunities

Whether you’re seeking working capital financing or complex technical assistance, the Rock County Development Alliance is your one-stop business resource. The Alliance has excellent working relations with various local, state and federal agencies. This tenure and team approach enables the Alliance to deliver a proven track record of working to facilitate development projects, minimize costs, streamline local / state regulations, and package value-added assistance.

Generally, the Wisconsin Economic Development Corporation is the most direct source for business development programs, offering working capital financing 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 investment documentation. Since these programs support rather than compete with offerings from other working capital and support providers, multiple funds are often “packaged”.

These working business resources are enhanced by Wisconsin’s retooled business climate, including such items as: a 100% fully funded public 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 Dept of Revenue. It provides a credit that will total 7.5%.

The Janesville-Beloit MSA is also home to five Federal Opportunity Zones, which were created through the federal Tax Cuts and Jobs Act. Investors can also access state-level capital gains benefits in these designated Zones, too. The federal government, mainly through the Bipartisan Infrastructure and Jobs Act and the Inflation Reduction Act, has also expanded the portfolio of business, community and workforce/talent development programs.

For additional information, please review the below information and/or contact the Alliance.

Click Here for COVID-19 Resources & Technical Assistance
Entrepreneurial & Small Business Finance Assistance
Energy Efficiency Grants & Loans
Workforce Training Assistance
Income Tax Credits & Capital Gains Exclusions
Tax Increment Finance
Infrastructure Programs
Capital Financing and Lending Programs
Idled Sites, Brownfield Investigation, Redevelopment & Remediation Programs
Export Assistance Programs