RECENTLY RELEASED: WEDC 2012 Annual Report
Wisconsin Economic Development Corporation
201 W. Washington Ave.
Madison, WI 53703
To elevate the Wisconsin economy to be the best in the world by providing a positive business climate, world-class support services, and economic development tools to accelerate business start-up, attraction, and growth.
INTEGRITY. We will hold ourselves to the highest ethical standards.
HONESTY. We will tell the truth without qualification.
ACCOUNTABILITY. We will honor our commitments to ourselves, our partners, and our investors.
RESULTS-FOCUS. We will add value in every action.
CUSTOMER-CENTRIC. We will put the needs of the customer first.
As the state’s lead economic development organization, the Wisconsin Economic Development Corporation (WEDC) nurtures business growth and job creation in Wisconsin by providing resources, technical support, and financial assistance to companies, partners and the communities they serve.
WEDC has key areas of focus to elevate Wisconsin’s economy to be the best in the world:
Economic and Community Development – Elevate Wisconsin’s economy by investing in high quality job creation and expansion and by enabling a world-class, high performing state economic development network.
Entrepreneurship and Innovation – Elevate Wisconsin’s economy by increasing the amount of R&D and investment capital, and by providing an effective entrepreneurship support network.
Business and Industry Development – Elevate Wisconsin’s economy by advancing targeted, high growth business consortia and industry sectors
International Business Development – Elevate Wisconsin’s economy by increasing Wisconsin exports, increasing foreign investment and expanding export assistance capacity in the state
Marketing and Public Affairs – Elevate Wisconsin’s economy by advancing business growth supporting policies and promoting Wisconsin as a business-friendly location
Finance and Administration – Elevate the Wisconsin economy by providing WEDC and its economic development partners with the tools, technology and support necessary to meet strategic goals and operational advantage.
WEDC Operations Plan – Fiscal Year 2013
Learn more about WEDC’s investment strategy by reading the WEDC’s Operation Plan for FY2013. It describes how the WEDC will achieve better business development results to foster investment and job growth in Wisconsin’s economy.
Click here to download a copy of the Operations Plan. (PDF 1,450 KB)
WEDC Budget – Updated 7/2012
Click here to learn more about the the WEDC’s budget for FY 13 that corresponds with the Operations Plan. This budget and the Operations Plan was approved by the WEDC Board of Directors on June 26, 2012.
Strategic Plan – Updated 4/2013
Click here to learn more about the the WEDC’s strategic plan, including the planning process, the principles guiding the plan and the plan, itself. (PDF 367 KB)
WEDC released a fiscal year 2012 Annual Report December 28, 2012, highlighting the alignment of resources with customer needs, economic tool development and deployment, and more; and laying out our vision for 2013. Click here to download the annual report (PDF).
Act 125 Report for 2012
2007 Wisconsin Act 125 was enacted by the Legislature in March 2008 to improve accountability, efficiency, and transparency in the administration of State economic development programs. The Act requires agencies that administer economic development programs to establish goals and accountability measures for each program and to report to the Legislature annually on the economic development programs and activities administered during the previous fiscal year. Program goals, descriptions, and information on expected and actual program-level outcomes are explained in the Act 125 Program Report. Award specific data, including information on the amount and recipient of each award made during the previous fiscal year, the location and industry classification of each award recipient, and the activity or activities the recipient is contractually required to complete, such as creating, retaining or training a certain number of employees or expending a certain amount of funds for capital investment, is available through the Interactive Project Data page.
This report, published October 23, 2012, includes program information current at each agency as of June 30, 2012. Subsequent changes will be published in future reports.