Impact Loans (Wisconsin)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Wisconsin

Applies to States or Provinces Wisconsin
Name Impact Loans (Wisconsin)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wave Energy, Wind energy
Active Policy No
Implementing Sector State/Province

Primary Website

Last Review 2015-01-29
Last Substantive Modification
to Summary


This program is no longer available.

WEDC may provide forgivable loans to businesses that have expansion projects that will have a significant impact on job creation, job retention, capital investment, and on the surrounding area as a whole. Loans may be up to $2,000,000 and may be forgiven if contract requirements are met for high performing projects.

WEDC will direct Impact Loan funds to the following targeted industry sectors:

- Advanced manufacturing
- Food and beverage processing
- Printing
- Aerospace
- Research and Development

Loan requests under $200,000 should be referred to the appropriate local or area regional loan fund first. Under no circumstances, should WEDC ever serve as the primary lender and the total contribution of public funding should generally not exceed 35% of the total project budget and never exceed the private portion.

Policy Contact

Contact Name General Inquiries
Department Wisconsin Economic Development Corporation
Division Economic and Community Development
Address P.O. Box 1687
Address 2 201 W. Washington Avenue
Place Madison, Wisconsin
Zip/Postal Code 53701
Phone 855.469.4249