Gov. Tony Evers today announced a $1 million initiative led by the University of Wisconsin-Madison (UW-Madison) Division of Extension and the Wisconsin Economic Development Corporation (WEDC) to provide much-needed resources, support, and technical assistance to rural entrepreneurs across the state. Through the initiative announced by Gov. Evers today, UW-Madison Division of Extension will work closely with WEDC and other partners across the state to develop the initiative to provide training, technical assistance, and legal and financial advice to rural entrepreneurs in need of support to start a business or bolster their existing business.
“The success of our rural communities is vital to the success of our entire state, but we know rural entrepreneurs face gaps in access to the resources and technical assistance they may need to reach their goals,” said Gov. Evers. “I’m proud to be investing in creating this critically important collaboration between WEDC and Extension to continue investing in the ingenuity, entrepreneurship, and prosperity of folks who call our rural communities home.”
“We know that in Wisconsin great ideas can come from anywhere,” said WEDC Secretary and CEO Missy Hughes. “Yet rural entrepreneurs often lack the access to capital and network of knowledge of other entrepreneurs. Our aim is to make sure everyone in our state has the chance to turn their great ideas into reality.”