Representatives of MCDEVCO presented their monthly report to Marathon County committees, detailing loan programs, incubator occupancy and small-business support activity.

MCDEVCO staff said the organization educates, incubates and finances small businesses across Marathon County. This year the organization expects to have financed about $1,000,000 in loans, with loan sizes ranging as small as $15,000; MCDEVCO also manages microloan and longer-term loan funds, administers a private on-site wastewater treatment loan program for homeowners, and operates a business incubator and co-working space. Occupancy at the incubator has risen from roughly 61% (when MCDEVCO began managing it in 2021) to 86% in the current year, staff reported.

Committee members had no further questions; staff thanked the presenter and moved on to calendar and adjournment items.