Milwaukee County's Committee on Finance convened on May 15, 2025, to discuss a pivotal economic development initiative aimed at bolstering small businesses across the region. The meeting highlighted the introduction of the "Building Bridges" program, which seeks to provide direct support to small businesses through a $200,000 grant from the Wisconsin Economic Development Corporation (WEDC). This funding will enable the county to offer $10,000 grants to eligible small businesses in all 18 supervisory districts.

Deputy Chief of Staff Timothy Schabow emphasized the importance of small businesses as the backbone of the local economy, noting their role in job creation and community identity. The program aims to bridge gaps between entrepreneurs and municipalities, facilitating the activation of commercial corridors and enhancing economic growth.

Director of Economic Development Celia Benton elaborated on the program's structure, which includes the creation of a small business liaison position. This role will provide technical assistance and help navigate the complex landscape of resources available to small businesses. Benton highlighted the need for a centralized point of contact to streamline support for entrepreneurs, particularly those looking to establish or expand brick-and-mortar locations.

Despite the enthusiasm for the initiative, the committee faced challenges regarding oversight and funding allocation. A proposed amendment by Supervisor Steve Taylor aimed to limit initial funding to $48,000 for the remainder of the year, requiring the administration to return for additional funding in future budgets. This amendment sparked debate about the need for accountability versus the urgency of launching the program effectively.

Ultimately, the amendment failed, leaving the original resolution intact. The committee's discussions underscored the importance of transparency and collaboration as Milwaukee County moves forward with this ambitious plan to support small businesses and stimulate local economic development. The next steps will involve hiring the small business liaison and implementing the grant program, with expectations for progress reports to ensure accountability and effectiveness in achieving the program's goals.