Resources

• Local Programs
• Business Planning Grants
• Tax Credits
• Other Grants / Loans
• Export Loan Programs
• Agriculture Loan Programs
• Disadvantaged Group Financing
• Venture Capital Funds
• Labor Training Funds
• Technical Assistance

Marshfield Economic Development Funds:
Incentives are available to be applied to land and site development. Call Marshfield Area Chamber of Commerce & Industry at 715-384-3454 for details.

Marshfield Revolving Loan Fund Program:
Marshfield Revolving Loan Fund Program (RLF) offers low interest loans (as low as 4%) to new or existing businesses and industries based upon the creation of new jobs. Loan amounts are subject to the availability of funds, not to exceed 20% of the total loan balance. Project must create or retain at least one full time permanent position for every $10,000 of funds requested. An applicant must leverage a minimum of two dollars of private funds for every one dollar of revolving loan funds. For more information contact the Marshfield Area Chamber of Commerce and Industry at 715-384-3454. Click here for PDF

CWED Loan Fund Program:
The Central Wisconsin Economic Development Fund, Inc. has created a regional loan fund program to serve as an economic stimulus in Central Wisconsin. Local participating counties in the CWED Loan Fund are Adams, Marathon, Portage and Wood. The purpose of this fund is to fill financing gaps in local markets and to stimulate private sector development. The CWED Loan Fund provides direct loans for up to 10 years at rates beginning at 2% in partnership with other lending institutions. For details contact: Jason Angell, City of Marshfield Director of Planning & Economic Development, 715-486-2074 or Karen Olson, Marshfield Chamber of Commerce & Industry's Business Development Director, 715-384-3454. Click here for PDF

Main Street Marshfield Loans / Grants:
Main Street Marshfield offers several loan and grant programs. Contact Executive Director, at 715-387-3299 for details.

Marshfield Investment Group:
The Marshfield Investment Partners is a formal group of accredited angel investors who are interested in taking equity commitments in early-stage, high growth potential companies in the greater Marshfield region and throughout Wisconsin.

Wisconsin Early Planning Grant:
Provides funds to assist entrepreneurs to write a business plan. The grant (up to $3,000 and requiring a 25% match) is available to business start-ups in the following industry sectors: Agricultural/Food Processing, Biotechnology/Bioinformatics, Business Services/Supply Chain Management, Finance/Insurance, Information Technology/Data Processing, Machinery Manufacturing/Automation, Manufacturing/Materials, Medical Devices/Medical Informatics, Papermaking/ Forest Products, and Printing.

Entrepreneurial Training Grant:
Provides funding for entrepreneurs to attend a course focused on determining the viability of their business. The course is typically taught by the UW Small Business Development Center.

Technology Zone Tax Credit:
Tax credits will be made available to high-technology businesses locating or expanding in the Northeast Wisconsin designated Technology Zone.

Community Development Block Grant – Economic Development:
The CDBG-ED program is designed to assist businesses that will invest private funds and create jobs as they expand or relocate to Wisconsin. The Wisconsin Department of Commerce awards the funds to a general-purpose unit of government (community), which then loans the funds to a business.

WHEDA Small Business Guarantee Loan:
Provides loan guarantees to local lenders for small business financing.

Small Business Administration LOW DOC Program:
Provides loans up to $150,000 to start or grow small businesses. Application is 2 pages and turnaround time is 36 hours.

Small Business Administration 7a Loan Program:
Through this program, the SBA guarantees a loan provided to a business by a commercial bank. Maximum loan size is $2,000,000.

Small Business Administration SBAExpress Loan Program:
Provides streamlined process for business to receive loans of $250,000 or less for start-up costs or expansion. Loans can be used for a revolving line of credit.

Small Business Administration 504 Loan Program:
Offered through Certified Development Corporations, provides loans up to $1,000,000 for land, buildings, fixed equipment, and renovations.

Small Business Administration Microloan Program:
Provides financing to new or small businesses that meet certain criteria.

Rural Economic Development Microloan Program:
Provides loans for almost any purpose to small businesses and cooperatives in rural areas.

Small Business Administration CAPLoan:
SBA guaranteed loans that provide short-term financing and lines of credit to small businesses.

Industrial Revenue Bonds:
This program allows businesses to borrow money for capital outlays at a reduced interest rate.

Small Business Administration Export Express:
Provides loan funds to businesses seeking to enter the exporting market.

Export Working Capital Program:
Provides loans for short-term working capital for exporters.

International Trade Loans:
Loan guarantees made to companies exporting to other countries or those that have been adversely impacted by foreign competition.

Beginning Farmer Bond:
Provides low interest loans to new farmers for the purchase of land, equipment, livestock and buildings.

Agribusiness Loan Guarantee:
Provides loan guarantees to businesses producing an agribusiness product in Wisconsin.

CROP Guarantee:
Provides loan guarantees for farmers to finance operating expenses.

FARM Guarantee:
Provides loan guarantees to lenders that lend money to farmers to modernize their equipment.

Linked Deposit Loan Subsidy:
Provides low-interest loans for businesses owned by women and minorities.

Wisconsin Minority Business Development Program:
Provides financial assistance for the start-up and expansion of minority-owned businesses. For the purposes of this program, women are not considered a minority.

CAPCO Program:
Venture capital funds made available to businesses that are unable to attain financing through other means.

Technology Development Fund:
Program designed to commercialize technology developed at Wisconsin higher education institutions.

Customized Labor Training:
This program is designed to assist companies that are investing in new technologies or manufacturing processes by providing a grant of up to 50% of the cost of training employees on the new technologies. The program’s primary goal is to help Wisconsin manufacturers maintain a workforce that is on the cutting edge of technological innovation.

Central Wisconsin SCORE:
SCORE is a resource partner with the U.S. Small Business Administration. SCORE members are trained to serve as counselors, advisors, and mentors to aspiring entrepreneurs and business owners.

Small Business Development Center:
The Small Business Development Center (SBDC) located at the University of Wisconsin - Stevens Point, is one of ten university-based SBDC's in Wisconsin. Their mission is to provide learning opportunities and practical guidance to help individuals make informed business decisions. The Stevens Point SBDC works with small business in eight central Wisconsin counties, and offers several types of services including seminars, customized in-house training, and individualized counseling. (715) 346-3838

Wisconsin Manufacturing Extension Partnership (WMEP):
In an effort to improve quality and productivity of small to medium sized Wisconsin Manufacturers, a partnership between government, industry, labor, and education was formed. The WMEP assessment process is designed to be broad based rather than in-depth. The purpose is to "raise flags" where more effort should be placed. After the assessment, this can lead to a technical assistance project, in which your company is paired with a facilitator to help design and implement solutions.

Solid and Hazardous Waste Education Center (SHWEC):
The University of Wisconsin-Extension's SHWEC program was created to provide pollution prevention services to waste generators in Wisconsin. SHWEC' pollution prevention specialists will assess hazardous waste systems, provide no-cost nonregulatory technical assistance, and identify potential waste reduction options.