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Governor Signs Venture Capital Bill

MILWAUKEE – Last Week, Governor Walker signed Act 41, providing much-needed investment capital support for early-stage Wisconsin companies. Act 41 makes the state a partner in a larger “fund of funds” that matches the state’s $25 million investment, set aside in the 2013-15 state budget, with at least $50 million in private investment. Chamber President Zach Brandon praised the bipartisan…read more →

Federal Economic Injury Loans Available for Small Businesses

A new loan program is available for small businesses that suffered substantial financial losses as a direct result of excessive rain and snow, and multiple periods of thawing and refreezing this year. The U.S. Small Business Administration will facilitate the program, which provides loan amounts up to $2 million with interest rates of 2.875% for private non-profit organizations and 4%…read more →

Business and Labor Agree on Madison TIF Reform

Unified in support of needed reform to Madison’s Tax Incremental Finance (TIF) policy, the Greater Madison Chamber and the Building and Construction Trades of South-Central Wisconsin issued a joint letter to Mayor Soglin and Madison Alders supporting policy revisions which will grow the city’s property tax base. Although the existing TIF policy has successfully increased value throughout the city, research also…read more →

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