Wisconsin Department of Commerce Newsletter
New Green Bay Incubator Building Nearing Completion
Advance, the economic development division of the Green Bay Area Chamber of Commerce, operates the Advance Business Development Center incubator in Green Bay. Within the building is a partnership of small business service providers called the Business Assistance Center (BAC). The current partnership consists of Advance, SCORE Chapter 508, the UW Green Bay Small Business Development Center, and the Wisconsin Entrepreneurs' Network.
A referendum was passed several years ago that included $2.5 million in matching funds to construct a new incubator on the campus of Northeast Wisconsin Technical College in Green Bay. Advance obtained a grant from the Economic Development Administration (EDA) to provide their $2.5 million match for the construction.
The new 50,000 sq. ft. incubator building will also dedicate space to the existing BAC partners, as well as additional partners Northeast Wisconsin Technical College and Urban Hope Entrepreneur Center. The move will create the premier one-stop-shop in Northeast Wisconsin for small business assistance.
Note Advance officials, "The Wisconsin Department of Commerce CBED grant program has helped this project become a reality. CBED support substantially assisted in the feasibility phase of the project, and most recently in funding for furniture and fixtures."
The new building is scheduled to open in Fall 2005.
The newsletter is issued electronically every other month.
Please send comments or questions to Barbro McGinn, editor.