Funds are now available from Dane County's Revolving Loan Fund (RLF) Programs, the Economic Development Revolving Loan Fund and the Commercial Revitalization Loan Fund. The funds are used to stimulate economic development and provide funds for commercial revitalization.
Economic Development Revolving Loan Fund
This fund provides gap financing to businesses that create jobs, 51% of which must go to low and moderate-income persons. Qualifying applicants include for-profit businesses, not for profit organizations, and municipalities outside the City of Madison. For a complete list of requirements, manuals, and fact sheets, please click the following link: http://www.dane-econdev.org/financing_and_capital.aspx.
Commercial Revitalization Loan Fund
This fund provides financing to businesses and real estate development projects that help revitalize downtown and commercial districts. Both for-profit and not for profit organizations may apply. For a complete list of requirements, manuals, and fact sheets, please click the following link: http://www.dane-econdev.org/financing_and_capital.aspx.
Application - Same form for either of the listed loans
Loan Application
For more information on available incentives, as well as everything else related to Economic Development in the Village, be sure to visit our website at: http://www.waunakee-ed.com
This blog is designed to create strong connections between the Village of Waunakee and current businesses, prospective businesses, developers, realtors and anyone else who may have interested in the economic prosperity, growth and success in our community.
Tuesday, January 8, 2013
Friday, January 4, 2013
Tourism/Community Betterment Funds Available
The Tourism/Community Betterment Fund is a grant program established by the Village of Waunakee intended to fund tourism projects (events that will bring visitors to the Village of Waunakee) or betterment projects (events that will improve the quality of life for the residents of the Village). The grant program is administered yearly by the Waunakee Economic Development Commission (WEDC). Any funds not awarded in a particular year will be carried over for consideration in future year award cycles.
How much can an organization receive?
The grants are intended to assist in the start-up and development of new events, so preference is given to new applications. First time applicants are eligible to receive up to $2,000; Grant requests for recurring projects or events may receive up to $1,000 in the 2nd funding year, and up to $500 in the third year.
How do we apply?
Applications and further guidelines/requirements can be found by clicking the following link: http://www.waunakee.com/tourismgrant.
Applications are due to Village Hall by March 15th. Grant awards will be made in April, and recipients will be notified of the WEDC decision by April 30.
Questions?
If any questions arise during the application process, please contact Stephen Bechler at adminintern@vil.waunakee.wi.us or by telephone at (608) 850-2830.
How much can an organization receive?
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