The Wisconsin Small Business Guarantee Program offers low-interest financing to small businesses for fixed assets, working capital, or inventory purchase. The loan guarantee maximum is 50 percent of the loan or $80,000. Several types of businesses are eligible for the loan guarantee, including existing companies with 250 or fewer full-time employees seeking to expand.
Any We Energies dairy farm customer can apply for assistance with a re-wiring project. We Energies would pay the first $1,000 of the project and 50 percent of remaining costs up to a total grant of $7,500. Qualified dairy farms can also receive up to $20,000 in financing from We Energies at 3% interest to cover the remaining costs. We Energies will also contribute $1,000 for an inspection and pay service inspection fees.
Large water supply systems (e.g. well or surface water intake pipes) with the capacity to withdraw 100,000 gallons per day (70 gallons per minute) or more of groundwater or surface water must register, measure, track, and report their monthly water withdrawals to the Water Use Program within the WI Department of Natural Resources.
Withdrawers in the Great Lakes Basin who withdraw water in quantities that average 100,000 gallons per day or more in any 30-day period are required to get a water use permit. Two types of water use permits exist: a general permit is required for withdrawals that average 100,000 gallons per day or more in any 30-day period but do not equal at least 1,000,000 gallons per day for 30 consecutive days. An individual permit is required for withdrawals that equal at least 1,000,000 gallons per day for 30 consecutive days. There are no permit application fees.
Annual $125 water use fees are charged by the State of Wisconsin to each property that has the capacity to withdraw 100,000 gallons per day or more from groundwater and/or surface water, and an additional graduated fee applies in the Great Lakes Basin for withdrawal of more than 50 million gallons per year.
Wisconsin has several statutes that promote water conservation and controlled water use, and this legislation establishes mandatory and voluntary programs in water conservation and water use efficiency. The mandatory program applies to new and increased large withdrawals of water in the Great Lakes Basin, new and increased diversions of Great Lakes water, and persons applying for an approval for a water loss that averages more than 2 million gallons per day (anywhere in the state).
The Transportation Economic Assistance Program provides state grants to private business and local governments to improve transportation to projects improving economic conditions and creating or retaining jobs. Grants up to $1 million are available for essential economic development projects.
The WEDC Training Grant aids businesses in workforce retention and expansion into new markets and technology. The program provides grant funds to businesses to upgrade or improve the job-related skills of a business’s full-time employees. Grant funds may be approved for eligible training provided to existing and new employees in full-time jobs.
Technology Development Loans help innovative companies with promising economic futures clear the hurdles associated with bringing new technologies, products, and concepts to market. Loan funds typically cover about 25% of the project costs.