emerging business

Emerging Business

In January 2005, the Wisconsin Housing and Economic Development Authority under Executive Director, Antonio Riley, established the WHEDA Emerging Business Program to encourage the involvement, utilization, and development of emerging businesses.

WHEDA established the WEB Program after a successful pilot project utilizing and contracting with emerging businesses for over 23% of the hard costs associated with the project.

Bookmark Emerging Business for your future visits.

Program
Inititiatives
Eligible
Businesses
Forms
The program consists of four initiatives:

Low-Income Housing Tax Credit Development Participation Initiative

To encourage the utilization of emerging businessess in the planning, design, and construction of low-income housing tax credit developments. 

Co-Developer Mentor Protégé

To pair minority real estate developers with established, knowledgeable, committed developers who can provide exposure, appropriate training and resources, and experience.

 

  

Supplier Diversity*

To promote the utilization of minority vendors who are certified by the State of Wisconsin Department of Commerce [State Statute 560.036 (2)].

* Only firms certified by the WI Department of Commerce qualify under our Supplier Diversity Program. 

Workforce Development & Utilization

To train and place unemployed workers from neighborhoods where WHEDA-funded multifamily developments are being constructed, the goal being that these jobs will lead to full-time, permanent employment for these individuals.