Economic Development

Milwaukee private investment firm Brass Ring Capital recently completed two recapitalizations.

Port Washington State Bank has renewed its six community business loan programs for 2015, and removed a previous limit of $250,000 per municipality.

Milwaukee-based Park Bank has launched a mobile app, Park Bank Mobile Business, to allow business owners to manage their cash flow wherever they are.

ACTS Housing has named Michael Gosman executive director as the Milwaukee nonprofit's former leader, Carl Quindel, launches a for-profit company aimed at helping aspiring homeowners succeed in a rent-to-own program.

Leo Ries, longtime executive director of Local Initiatives Support Corporation’s Milwaukee office, will move on from the organization at the end of April to explore a new personal and professional direction.

The Port of Milwaukee today reported 2014 net income of $1.5 million, up from $1.4 million in 2013. Those proceeds are returned to the city of Milwaukee.

U.S. Highway 41 has officially become part of the Interstate System, and is now known as Interstate 41.

In an effort to advocate for Milwaukee’s African American-owned business community, father-daughter team Curtiss Harris and Lynn Harris Farmer have launched a digital directory of black-owned businesses in the area.

Southeastern Wisconsin economic indicators continue to operate at a high level, with nearly three-quarters of local factors tracked by the Metropolitan Milwaukee Association of Commerce (MMAC) pointing in a positive direction in February.

The Milwaukee 7 Regional Economic Development Partnership has been selected to participate in a program to create a foreign direct investment plan for the Milwaukee region.