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Dunn County economic development staff outline business retention, revolving loan and "Venture Home" plans after denied WEDC grant
Summary
Adam, the county economic development lead, told the Community Resources and Tourism Committee that a $250,000 grant application to the Wisconsin Economic Development Corporation was not funded and outlined county-led business retention and financing plans.
Adam, the county economic development lead participating online, told the Community Resources and Tourism Committee that a $250,000 grant application to the Wisconsin Economic Development Corporation (WEDC) was not funded and described multiple local initiatives aimed at supporting existing businesses.
"I applied back in October for a $250,000 grant from the Wisconsin Economic Development Corporation. Unfortunately, we did not receive that grant," Adam said, then detailed next steps including a countywide Business Retention Expansion (BRE) program and a framework for a business walk in the industrial park to gather business feedback.
Adam said the BRE program would be administered by a committee of five…
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