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Door County Economic Development Corporation
"Business By Nature"
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August 2006
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Can the Labor Day weekend really be just around the
corner? Where did the summer go?
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Door County Housing Assistance Program
The County of Door was recently granted a contract
extension for a Community Development Block Grant
from the Wisconsin Department of Commerce, Bureau
of Downtown and Community Revitalization. The new
contract greatly expands the scope of Door County
Housing Assistance Program, administered by DCEDC.
The grant, originally given to provide assistance to
offset the purchase price of new homes in the
MeadowWood development in Liberty Grove, will now
provide qualified first time homebuyers with up to
$20,000 zero percent interest mortgage loans for the
purchase of a home anywhere within the County.
The grant will give first time homebuyers immediate
equity and allow them to more easily secure
traditional financing for the balance of the cost of
the home of their choice.
Housing Assistance Program Information
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Employer-Assisted Housing
DCEDC staff recently met with representatives from
the Wisconsin Department of Commerce and the
Wisconsin Housing and Economic Development
Authority (WHEDA) to introduce the concept of
employer-assisted housing programs to Door County
companies. Employer-Assisted Housing can take
many forms, from on-site homebuyer education to
down payment assistance, and WHEDA has been
working with employers across the state to develop
innovative programs to identify and address the
housing needs of valuable employees. Employers can
increase staff retention and decrease recruiting and
training costs by helping assist employees purchase
affordable, accessible, healthy and safe housing
nearby the workplace.
The availability of the Door County Housing
Assistance program funds makes this an opportune
moment for local companies to leverage available
homebuyer assistance funding while also contributing
to employee homebuying. Any Door County company
that is interested in exploring offering an employer-
assisted housing benefit program to their workforce
should contact Sam Perlman at (920) 743-3113 x204
or by email at sam@doorcountybusiness.com.
E-mail Sam
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Business Plan Contest Winners
Patrick and Michelle Palmer, owners of Novel Ideas
bookshop in Baileys Harbor, are the winners of a
$1,000 cash award for the best business plan
originating from the NxLevel Entrepreneurial Training
course conducted earlier this year. In addition to the
$1,000 cash prize, the Palmers will also receive a
$5,000 advertising package for their business from
DoorCountyDailyNews.com and the radio stations of
Nicolet Broadcasting, WBDK-FM, WRLU-FM and WRKU-
FM.
More About Novel Ideas
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Manufacturing Supplier Development Initiative
Governor Jim Doyle recently launched the
Manufacturing Supplier Development Initiative, a new
program designed to strengthen Wisconsin
manufacturing. The Supplier Development Initiative
will focus on assisting Wisconsin suppliers to original
equipment manufacturers (OEMs). The initiative is a
partnership of the Department of Commerce, small
suppliers, OEMs, Wisconsin Manufacturing Extension
Partnership (WMEP) and the Northwest
Manufacturing Outreach Center (NWMOC). Technical
assistance will be provided through WMEP and
NWMOC. This initiative is expected to assist at least
five OEMs and 100 small and medium-sized
manufacturers across Wisconsin.
The Manufacturing Supplier Development Initiative
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Marine Travelift Receives Tax Credits
On Monday, July 31st, Wisconsin Governor Jim Doyle
visited Sturgeon Bay to officially announce that
Marine Travelift, Inc. had received a Technology
Zone tax credit allocation totaling $250,000 for an
expansion project that will retain 157 jobs and create
50 jobs over the next two years. Marine Travelift is
an industry leader in the manufacture of large, mobile
boat hoists that are used in marinas, shipyards,
fishing ports and naval installations. A subsidiary
company, Shuttlelift, specializes in industrial hoists
and materials handling equipment.
DCEDC assisted Marine Travelift with the Technology
Zone tax credit program application and approval
process. Other interested Door County companies
should contact DCEDC for information about the
program.
The Governor's Press Release
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Introducing Heather Powell
The Door/Kewaunee Business & Education Partnership
(DKBEP) recently hired Heather Powell to be the new
Business and Education Manager for the Partnership.
Heather comes to DKBEP from Davenport, IA, where
she worked as a program coordinator for United Way
of the Quad Cities. Heather and her family recently
relocated to Door County, where her husband Dan is
the new Executive Director of the Door County YMCA.
Heather’s main responsibility will be the
implementation of the Door and Kewaunee Counties
Regional Youth Training and Development Program. In
January, DKBEP, in cooperation with the Door and
Kewaunee County economic development
corporations and dozens of area businesses,
submitted an application to the Wisconsin
Department of Commerce for a Community-Based
Economic Development (CBED) grant to fund the new
program. The Regional Youth Training and
Development Program consists of four initiatives: a
local career awareness program; a post-high school
training and employment program; developing and
expanding youth co-op and apprenticeship programs;
and the development of a high school house
construction project.
Read About Heather
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