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STRATEGIES to MOVE US FORWARD

STRATEGIES to MOVE US FORWARD. STRATEGY 2: INNOVATIVE and GAME-CHANGING POLICY and PRACTICES STRATEGY 3: INTEGRATED MARKETING CAPABILITY STRATEGY 4: TARGETED BUSINESS and INDUSTRY SUPPORT STRATEGY 5: ACCELERATE ENTREPRENEURSHIP and INNOVATION STRATEGY 6: GO GLOBAL.

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STRATEGIES to MOVE US FORWARD

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  1. STRATEGIES to MOVE US FORWARD

  2. STRATEGY 2: INNOVATIVE and GAME-CHANGING POLICY and PRACTICES STRATEGY 3: INTEGRATED MARKETING CAPABILITY STRATEGY 4: TARGETED BUSINESS and INDUSTRY SUPPORT STRATEGY 5: ACCELERATE ENTREPRENEURSHIP and INNOVATION STRATEGY 6: GO GLOBAL

  3. STRATEGY 1: AN ALIGNED, HIGH-PERFORMING ECONOMIC DEVELOPMENT NETWORK

  4. STRATEGY 1: AN ALIGNED, HIGH-PERFORMING ECONOMIC DEVELOPMENT NETWORK

  5. STRATEGY 1: AN ALIGNED, HIGH-PERFORMING ECONOMIC DEVELOPMENT NETWORK Createa common branded Accelerate Wisconsin Network Linkworkforce and economic development strategies at state, regional and local levels Deploystatewide tools to foster and integrate local and state performance

  6. DIVISION OF ECONOMIC AND COMMUNITY DEVELOPMENT Mission To provide Wisconsin businesses a competitive advantage by enabling a world-class, high performing state economic development network and investing in high quality job creation expansion and attraction opportunities

  7. Division Goals • Support 470 Wisconsin Businesses through direct financial assistance • Incent21,000 jobs through direct financial assistance to businesses (16,000 FY11) • Support 125 Wisconsin communities through financial or technical assistance • Activemanagement and support of 460 businesses, 135 communities and 130 economic development organizations • Advance alignment of the state’s economic development network by: • Deploying LocateInWI to 150 communities with over 11,000 properties included • Deploying Salesforce.com as a CRM tool with 25 partners • Developing and deploy Business Retention and Expansion (BRE) tool for use statewide • Develop regional revolving loan funds (RLFs) in two regions

  8. Community Investments - $18,000,000 Cash Sources Cash Uses

  9. Business Investments - $100,292,000 Cash Sources Cash Uses * RLFs managed by regional or community entities not included in WEDC overall budget. Note: Non-cash investments such as non-refundable tax credits and bond volume cap account for an additional $333,632,000 available for business development.

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