WE ARE ALL IN: WWBIC Virtual Meeting at the Capitol – Summary

WE ARE ALL IN: WWBIC Virtual Meeting at the Capitol – Summary

WE ARE ALL IN: WWBIC Virtual Meeting at the Capitol – Summary

Thanks for your support in joining with WWBIC to advance needed resources to Wisconsin small businesses.
 
On August 13, 2020 WWBIC hosted “Making An Impact: Virtual Meeting at the State Capitol”.
 
The regional and strategic breakouts produced a wealth of ideas. We are ALL in! We are resilient, we will recover and we will rebound.
 
If you missed us live yesterday a video of our opening session is attached for your review. WWBIC is open for business and in working together we can do more. 

Waukesha County and WWBIC to Launch Small Business COVID-19 Business Assistance Grants Program

Waukesha County and WWBIC to Launch Small Business COVID-19 Business Assistance Grants Program

Waukesha County and WWBIC to Launch Small Business COVID-19 Business Assistance Grants Program

Waukesha County through the Wisconsin Women’s Business Initiative Corporation (WWBIC) is launching the Small Business Assistance Grants Program to assist micro  businesses impacted by the COVID-19 crisis.   

$170,000 has been approved by the CDBG Board for small business assistance grants – up to $10,000. These dollars will be able to assist a minimum of 17 businesses in Waukesha County. 

The funds have been made available to Waukesha County from the U.S. Department of Housing and Urban Development (HUD) under the Federal CARES Act.  


How will this program work and who is eligible?  

WWBIC will be handling the application and distribution of the grants, as well as follow up business coaching and mentorship opportunities. All information about this grant is available on WWBIC’s website at wwbic.com/waukesha-cty-grant-program/

Funds will be targeted to micro enterprise (5 or less employees) businesses located in Waukesha County with business owners whose household income is below 80% of the Waukesha County Area Median. Income information can be found on WWBIC’s website.  The businesses located in the Villages of Chenequa, Lac La Belle and Oconomowoc Lake are not eligible to apply.  

Interested small business owners, please review all requirements for eligibility and all documents needed for the application at wwbic.com/waukesha-cty-grant-program/


When will the application be available?  

The application will be available on Friday, August 7th at noon. All applications will be reviewed in the order they are received (time stamped) and will be equitably considered. The application will remain open until noon on Friday, August 14th.

For additional information or questions about applying for the Waukesha County Grant Program, please contact Thalia Mendez tmendez@wwbic.com or 414-395-4545.   

WE ARE ALL IN: WWBIC Virtual Meeting at the Capitol – Summary

Making An Impact: WWBIC’s Virtual Meeting at the State Capitol

Making An Impact: WWBIC’s Virtual Meeting at the State Capitol

Please join WWBIC on Thursday, August 13th at the frontline of economic development for a virtual meeting to advance support to our Wisconsin micro and small businesses.
 
While much has changed, the mission remains the same.
 
We are ALL in! Together we are focused on resiliency, recovery & the rebound!
 
 
DATE: Thursday, August 13, 2020
 
STATEWIDE OVERVIEW: 9:00-9:30 am
 
STRATEGIC BREAKOUTS: Begins at 9:30 am
 
WHERE: Virtual Zoom Meeting
 
Click here to register for this event.
 
 

Thank you, Sponsors!

WWBIC COVID-19 Update

WWBIC COVID-19 Update

WWBIC COVID-19 Update

UPDATE: As of March 23, all WWBIC offices have been closed.

Greetings,

WWBIC is closely monitoring developments of the ongoing spread of coronavirus (COVID-19). Because we are a statewide organization, we have a responsibility to consider health crises that may affect areas of our reach in differing levels of emergency. We wanted to share an update on WWBIC programming and services in light of this situation.
 
 

WWBIC Offices
 
At this time, all WWBIC offices are open for business. However, as this situation is ongoing, we ask that you please reach out directly to our offices for information on potential closures or changes to regular business hours. Calling ahead is highly recommended. We will continue to share information on any changes and on how best to reach us during this time at the numbers
at the bottom of the page.
 
 

WWBIC Programming
 
At this time, WWBIC classes will all be changed from in-person to web based through April. Below is an initial list of our upcoming classes that had already been planned as webinars.
 
 
Over the next couple of days, we will be changing our in person classes to webinars. Please continue and check our website for the most current information in regards to our programming at www.wwbic.com/classes.
 
 

Disaster Relief Lending
 
The U.S. Small Business Administration has announced small business lending opportunities in the wake of COVID-19. The SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance for a small business. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
 
For more information, please visit the SBA’s website here.
 

 
We appreciate your patience during this time. Our priority is and has always been maintaining the health and safety of our staff and our clients. While we remain open at this time, we advise that all individuals follow the precautions set by the CDC, making sure to wash your hands regularly and avoid larger crowds when possible.
 
 
Thank you and be well,
 
The WWBIC Team

 

WWBIC Greater Milwaukee/Waukesha: 414-263-5450

WWBIC Madison: 608-257-5450

WWBIC Racine: 262-898-5000

WWBIC Kenosha: 262-925-2850

WWBIC Appleton: 920-944-2700

WWBIC Green Bay Hub: 920-496-2110

WWBIC La Crosse: 608-632-8041

Wisconsin CDFIs Gather for CDFI Day

Wisconsin CDFIs Gather for CDFI Day

Wisconsin CDFIs Gather for CDFI Day

Wisconsin’s Community Development Financial Institutions (CDFIs) gathered in Madison on Tuesday, April 16 for the third Annual CDFI Day at the Capitol. Certified by the US Department of the Treasury, these 22 organizations are charged with lending in under-served markets, and as such bring value to the areas they serve. Loan products can include business financing, home ownership and home rehabilitation, consumer financing (auto, credit builder) as well as community economic development financing for the development of affordable housing and community facilities. CDFIs often partner with conventional lenders. From 2005 to 2017, these organization have lent over $2 billion, often to low- to moderate income households, people who face barriers to financing and to people of color, as well as to nonprofit organizations and affordable housing developers.

CDFI Day at the Capitol is designed to raise awareness of the value CDFIs bring to Wisconsin for partners, legislators and more. Events for the day included a private briefing with staff from the Governor’s office, followed by a news conference at 1:30 lead by Wendy Baumann and Mary Patoka. At 2 PM, CDFIs met with key legislative staff to understand how they can work with elected officials.

At 3 PM, two CDFI loan clients spoke on the impact of CDFI lending, including Ed Lee of the Urban League of Greater Madison and its homeownership program and Stephanie Sarr, co-owner of Savanna Beauty Supply. 

The day will closed with a reception at the Premier Park Hotel from 4:30-6:00 pm, recognizing supporters of CDFIs in Wisconsin. Guests in attendance included Senator Alberta Darling, Rep. Katrina Shankland; Matt Feldman, President of the Federal Home Loan Bank of Chicago; Wyman Winston, former WHEDA ED and Kelly Ryan, Executive Director of Incourage Foundation based in Wisconsin Rapids.

WWBIC Attends WI Women in CDFIs Event

WWBIC Attends WI Women in CDFIs Event

WWBIC Attends WI Women in CDFIs Event

On March 25th, WWBIC attended the quarterly meeting of Wisconsin Women in CDFIs, hosted in Madison at the Wisconsin State Capitol. Four guest speakers spoke on the topic “What does the Wisconsin economic climate hold for us in the next year?”. The speakers included:

  • Rose Oswald Poels, President/CEO of Wisconsin Bankers Association
  • Sarah Godlewski, Wisconsin State Treasurer
  • Representative Katrina Shankland, State Representative for the 71st Assembly District of Wisconsin (Portage County)
  • Kathy Blumenfeld, Secretary of the Wisconsin Department of Financial Institutions