Resources for Businesses Affected by COVID-19
 
We’re All In Small Business Grant - WEDC
What is the We’re All In Small Business Grant? The Oneida County Economic Development Corporation (OCEDC) is here to help! 

“Small businesses in Wisconsin often operate on razor-thin profit margins and hold very little cash in reserve, which makes weathering the effects of a global pandemic particularly challenging. Complicating matters for these small businesses seeking federal or other financial assistance is that they often lack the financial relationships required, or are otherwise ineligible, to qualify for these programs. WEDC’s We’re All In Small Business Grant is designed to help these small businesses get back on their feet while also encouraging adoption of best practices to keep employees, customers and communities safe.” - Wisconsin Economic Development Corporation (WEDC)

For detail click here.

If you feel that your small business qualifies for the “We’re All In Small Business Grant,” please contact the OCEDC office at Jeff.Verdoorn@ocedc.org or 715-369-9110 and we would be happy to assist you in any way possible!

Centers for Disease Control - Frequently Asked Questions

The Wisconsin Department of Health Services - COVID-19 Web Page

Wisconsin Economic Development Corporation COVID-19 Resources Page

Internal Revenue Service - Information on Economic Impact Payments


Department of Workforce Development (DWD) - 
 Frequently Asked Questions


Wisconsin Small Business Development Center Network

SBDC has created a page to anchor important resources and information amid quickly changing conditions and unprecedented measures during the COVID-19 pandemic. For inquiries related specifically to the SBA Disaster Loans, please use this contact form.


Small Business Administration (SBA) - Paycheck Protection Program (PPP) Loan Information

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.

Lenders may begin processing loan applications as soon as April 3, 2020. The Paycheck Protection Program will be available through June 30, 2020. To contact someone at the SBA, click here.



Wisconsin Small Business Development Center

The Wisconsin Small Business Development Center (SBDC), a resource partner of the SBA, is available to help small businesses apply for federal disaster loans to mitigate the substantial economic injury as a result of the COVID-19 pandemic. Please visit the Wisconsin SBDC website designed to help business owners understand the qualifications and application process. Consultants across the network’s 13 locations are working remotely via phone, email and virtual tools to assist clients. 
 
If you have more questions, please view this FAQ page on the EIDL program.



The Metropolitan Milwaukee Association of Commerce (MMAC)

MMAC has compiled guidelines and resources for your business on their Coronavirus Guidance & Resources page. This page is being updated as new information becomes available.

Attached are the slides from and link to the MMAC webinar that details what the CARES act will includes.



Wisconsin Manufacturers & Commerce (WMC)

WMC is the state’s chamber of commerce and largest business trade association representing more than 3,800 employers of every size and from every sector of the economy. Visit their Coronavirus (COVID-19) Business Resource Center page.


University of Wisconsin Extention - Managing Your Personal Finances in Tough Times

If you would like to talk to a financial or housing counselor about your situation, click here for the National Foundation for Credit Counseling (NFCC) website or call 833-746-7577. NFCC is a network of nonprofit consumer credit counseling agencies that provide services online and over the phone. You can also contact your local UW-Madison Extension office for more financial information.


Rhinelander Area Chamber of Commerce

RACC is asking that you take the time to fill out the COVID-19 Impact and Support Survey. They will be compiling all information to determine how to best assist their members, as well as sharing the information with our elected officials.


North Central WIsconsin Regional Planning Commission (NCWRPC)

In an effort to help small businesses navigate through the COVID-19 Health Emergency, NCWRPC is sending out updates on available resources for small businesses.

Join the newsletter's email list here. These resources include Funding Opportunities such as grant and loan opportunities; Organizations that can provide assistance to small businesses; Other Information, which includes State COVID-19 information and any other relevant information that can be useful for small businesses during this time of need.



Wisconsin Housing & Economic Development Authority (WHEDA)

COVID-19 Information - Due to the potential struggles Wisconsin businesses may face as a result of COVID-19, WHEDA has waived origination fees for its loan guarantees through June 30, 2020 to reduce costs when accessing capital. In addition, we are suspending all applicable forbearance fees through June 30, 2020 to help businesses as they work through paying their existing bank loan that also has a WHEDA loan guarantee. Find more information on the WHEDA website.


Check Below for Local Resources and Updates

Northwoods Help During Coronavirus

COVID-19 Community Resources

Rhinelander Chamber of Commerce - Resource Information
 
Minocqua Chamber of Commerce  - Resource Information
Rhinelander Local Business Services Info
 


Welcome to Oneida County EDC
In 1989, the Oneida County Economic Development Corporation was created as a partnership between business and industry. We are responsible for new business growth and assisting our existing businesses with the expansion already located in Oneida County.

The mission of the Oneida County Economic Development Corporation is:
"To promote and stimulate the orderly growth of stable businesses which will provide year-round employment throughout Oneida County while maintaining a high quality of life with a livable wage."

As a nonprofit 501(c)(3) Corporation, we act as an economic development coordinator for all of Oneida County. Oneida County Economic Development Corporation assists individuals investigating the feasibility of going into business, works with existing business to expand and retain economic viability and works to attract new business in an effort to expand our economic base and provide employment alternatives to the citizens of Oneida County. We are also a conduit between business and government on a local, regional, state, and federal level.

Headlines...

May. 11, 2020 - Preparing to Restart - With input from national and state health and industry experts and in partnership with the Wisconsin Department of Health Services, the Wisconsin Department of Agriculture, Trade and Consumer Protection, the Wisconsin Department of Tourism and our regional economic development partners, WEDC has compiled a series of industry-specific documents to help you get back to business while taking the necessary precautions to maximize safety. Following these guidelines will help us all get Wisconsin’s economy back on track.Preparing to Restart
Feb. 19, 2020 - Council begins process of TIF incentive for ABX expansion - Rhinelander Common Council began the approval process to provide a $600,000 incentive from TIF (tax increment financing) district #6. The incentive will help ABX with an expansion project that is expected to significantly increase their business.
Jan. 22, 2020 - Rhinelander City Council takes another step toward ABX deal - The Rhinelander Common Council took another step earlier this month toward helping local plastics company Advanced Barrier Extrusions (ABX) with a planned $15 million dollar expansion project.
View All News >>
economic dev resources financing
Like Us
1