Since 1987, the Wisconsin Women’s Business Initiative Corporation (WWBIC) has served as the leading innovative economic development corporation that is “Putting Dreams to Work” by assisting microenterprise and small businesses throughout Wisconsin. WWBIC opens the doors of opportunity by providing any individuals who are interested in starting, strengthening, or expanding businesses with access to resources such as financial products and quality business and personal financial training.
WWBIC has fiercely championed its mission by operating in six Wisconsin regions to offer services statewide, channeling its activities through four pillars: credit/financial wellness; classes/training; capital/lending (ranging from $1,000 to $350,000); and coaching/connections. Since 1987, WWBIC has served 78,743 individuals and loaned $130 million to small business owners. Their technical and capital support has created or retained 16,895 jobs with over 11,336 businesses started, strengthened, or expanded. To learn more about WWBIC visit: www.wwbic.com.
Federal funding disclosure:
In accordance with Section 632 of Public Law 117-328:
WWBIC
Federal Funding – $2,281,870 (29%)
State Funding – $475,000 (6%)
Earned Revenues – $2,940,277 (37%)
Donations/Contributions – $2,289,127 (28%)