Milwaukee County is set to enhance support for small businesses with the introduction of a new initiative aimed at fostering economic growth and revitalizing commercial corridors. During a recent hybrid meeting of the Committee on Community, Environment, and Economic Development, county officials discussed the establishment of the "Building Bridges" program, which will provide $10,000 grants to small businesses across all 18 supervisory districts.
County Executive David Crowley emphasized the importance of small businesses as the backbone of the local economy, noting their role in job creation and community identity. The initiative is backed by a $200,000 grant from the Wisconsin Economic Development Corporation (WEDC), which will be complemented by funds from the county's economic development reserve. This strategic partnership aims to bridge gaps between entrepreneurs, support organizations, and municipalities, ultimately enhancing commercial corridor activation.
Celia Benton, the Director of Economic Development, highlighted the need for direct technical assistance for small businesses, as identified in a recent Wisconsin Public Policy Forum report. The proposed program will include the creation of a small business liaison position dedicated to helping entrepreneurs navigate local resources and permitting processes. This role is designed to facilitate collaboration between municipalities and small businesses, ensuring that local economic development efforts are aligned and effective.
The committee members expressed enthusiasm for the initiative, recognizing its potential to create jobs, grow the tax base, and improve communication between various stakeholders. The program is expected to not only support existing businesses but also attract new investments in brick-and-mortar establishments throughout Milwaukee County.
As the county moves forward with this initiative, officials are committed to ensuring that the application process for grants will be accessible, including translations into Spanish and other languages. This focus on inclusivity reflects Milwaukee County's dedication to fostering a vibrant and equitable economic landscape for all its residents.