Governor Scott Walker announced a multi-agency effort to equip small construction businesses with the tools they need to access capital and find qualified workers to compete for Wisconn Valley-related projects. Two capacity-building sessions targeting smaller contractors – including those owned by women, minorities, and veterans – will be held in Milwaukee and Racine in August. 

The Small Business Capacity Building Sessions are designed to help small businesses break down what has been identified in surveys as two significant barriers to bidding for Wisconn Valley projects – lack of access to capital and lack of access to quality, trained job candidates. The sessions are intended to help the State, Foxconn, Racine County, City of Racine, Village of Mount Pleasant, and other partners achieve the Wisconsin First business inclusion goals of at least 10 percent of project contractors being certified small and disadvantaged businesses and a 10 percent of total contracts being Racine County-based contractors.

The capacity building sessions are scheduled for:

  • Wednesday, Aug. 15, from 8 to 11 a.m. at UMOS, Inc., 2701 S. Chase Ave., Milwaukee. Target audience is certified small and disadvantaged businesses, lending institutions, chambers of commerce and other business associations and resources. 
  • Friday, Aug. 24, from 8 to 11 a.m. at the SC Johnson iMET Center, 2320 Renaissance Blvd, Sturtevant. Target audience is certified small and disadvantaged businesses, lending institutions, chambers of commerce and other business associations and resources. 

Wisconsin Housing and Economic Development Authority (WHEDA) will be at the sessions to inform attendees on its Contractors Loan Guarantee (CLG) program. The CLG program provides small and disadvantaged businesses access to capital which will better position the companies to compete for construction-related contracts.

The sessions are free, but registration is required. Go to: https://www.surveymonkey.com/r/CapacityBuildingWI to register.

More information about the sessions can be found at: https://wisconnvalley.wi.gov/Pages/capacitybuilding.aspx.

More information about WHEDA's CLG program can be found at: www.wheda.com