560.84(2)(b)
(b) The extent to which the project will benefit minority group members who are residents of this state.
560.84(2)(c)
(c) If a development project or recycling development project, whether the project will be located in any or all of the following:
560.84(2)(c)2.
2. A development zone designated under
s. 560.71, a development opportunity zone designated under
s. 560.795 or an enterprise development zone designated under
s. 560.797.
560.84(2)(d)
(d) The extent to which the project will attract capital into locations where unemployment exceeds the state average and per capita income is below the state average.
560.84(2)(e)
(e) The likelihood that the project will be successful.
560.84(2)(f)
(f) If a development project or recycling development project, the financial soundness of the minority business involved in the project and the commitment of the eligible recipient to repay the loan or grant.
560.85(1)(1) The department shall promulgate rules for the administration of this subchapter. The department may not promulgate a rule under this subsection unless the proposed rule has been reviewed by the board.
560.85(2)
(2) The board shall develop a policy governing the repayment of grants and loans made under
s. 560.83 or
560.835. The board or department shall deposit moneys received in repayment of grants and loans under
s. 560.83 in the appropriation under
s. 20.143 (1) (im).
560.85(3)
(3) The department shall do all of the following:
560.85(3)(a)
(a) Develop procedures to evaluate applications and monitor project performance for grants awarded for early planning projects under
s. 560.82 or
560.835 (6).
560.85(3)(b)
(b) Develop procedures, with the approval of the board, to evaluate applications, monitor project performance and audit grants and loans awarded for development projects under
s. 560.83, recycling development projects under
s. 560.835 and finance projects and education and training projects under
s. 560.837.
AMERICAN INDIAN ECONOMIC DEVELOPMENT
560.86
560.86
Definitions. In this subchapter:
560.86(1)
(1) "American Indian" means a person who is recognized by a tribal governing body as a member of an Indian tribe.
560.86(4)
(4) "Indian business" means a sole proprietorship, partnership, limited liability company, joint venture or corporation that satisfies all of the following requirements:
560.86(4)(a)
(a) Is at least 51% owned, controlled and actively managed by American Indians.
560.86(4)(b)
(b) Is currently performing a useful business function.
560.86(6)
(6) "Indian tribe" means a federally recognized American Indian tribe or band in this state.
560.86(7)
(7) "Targeted program" means a program or form of assistance available to an American Indian, an Indian business or an Indian tribe that is administered by a state agency and that relates to any of the following:
560.86(7)(c)
(c) Increasing employment among American Indians.
560.86(7)(e)
(e) Any other program or form of state assistance which the department considers relevant to American Indians, Indian businesses or Indian tribes.
560.86(8)
(8) "Tribal enterprise" means a business that is all of the following:
560.86(8)(a)
(a) At least 51% owned and controlled by the governing body of one or more Indian tribes.
560.86(8)(b)
(b) Actively managed by the governing body, or the designee of the governing body, of one or more Indian tribes.
560.86(8)(c)
(c) Currently performing a useful business function.
560.86(9)
(9) "Tribal governing body" means the elected governing body of an Indian tribe.
560.86 History
History: 1991 a. 39 ss.
3434g,
3463m;
1993 a. 112.
560.87
560.87
Economic liaison program. The department shall do all of the following:
560.87(1)
(1) Provide to tribal governing bodies a directory or other list identifying state employes or officers who administer targeted programs.
560.87(2)
(2) Provide information about economic development and targeted programs to American Indians, Indian businesses or tribal governing bodies by using brochures, conferences, counseling or other means determined by the department.
560.87(3)
(3) Perform demographic and economic analyses of the American Indian population in this state to provide data for use in economic development and business recruitment on Indian reservations.
560.87(4)
(4) Provide, upon request, assistance to American Indians, Indian businesses and tribal governing bodies to promote economic development through the use of targeted programs.
560.87(5)
(5) Designate in the department a liaison between the state agencies that administer targeted programs and American Indians, Indian businesses and Indian tribes interested in targeted programs.
560.87(6)
(6) From the appropriation under
s. 20.143 (1) (dh), make an annual grant to the Great Lakes inter-tribal council in an amount equal to the amount appropriated under
s. 20.143 (1) (dh), to partially fund in the Great Lakes inter-tribal council a liaison between American Indians, Indian businesses and Indian tribes interested in targeted programs and the state agencies that administer targeted programs.
560.87 History
History: 1991 a. 39 ss.
3434e,
3434k.
560.875
560.875
Technical assistance. 560.875(1)
(1) Annually, the department shall grant to the Great Lakes inter-tribal council the amount appropriated under
s. 20.143 (1) (df) to partially fund a program to provide technical assistance for economic development on Indian reservations if the conditions under
subs. (2) and
(3) are satisfied.
560.875(2)(a)(a) As a condition of receiving a grant under
sub. (1), the Great Lakes inter-tribal council shall establish a technical assistance program.
560.875(2)(b)
(b) The program shall provide technical assistance to all of the following businesses:
560.875(2)(b)2.
2. An Indian business that is located on an Indian reservation.
560.875(2)(b)3.
3. An Indian business that is not located on an Indian reservation but that directly benefits the economy of an Indian reservation.
560.875(2)(c)
(c) The program shall provide the following types of technical assistance:
560.875(2)(c)2.
2. Start-up assistance to new businesses, including the development of business and marketing plans and assistance in securing development financing.
560.875(2)(c)3.
3. Technical assistance to new and existing businesses in gaining access to tribal, state and federal business assistance and financing programs.
560.875(2)(d)
(d) The program may not provide technical assistance for a commercial gaming and gambling activity.
560.875(3)
(3) As a condition of receiving a grant under
sub. (1), the Great Lakes inter-tribal council annually shall prepare a report on the technical assistance program under
sub. (2) and submit the report to the department.
560.875 History
History: 1991 a. 39,
261;
1995 a. 27.
TECHNOLOGY-BASED ECONOMIC DEVELOPMENT
560.90
560.90
Definitions. In this subchapter, "technically oriented business" means any of the following:
560.90(1)
(1) A business in a new or emerging industry.
560.90(2)
(2) A business that provides technically sophisticated products or services.
560.90(3)
(3) A business that is based on a technically sophisticated production system.
560.90 History
History: 1989 a. 31.
560.905(1)(1) The department may contract with specialists outside the classified service, including teachers, professors and professionals on sabbatical leaves, to conduct or coordinate specific projects and programs under this subchapter.
560.905(2)
(2) The standing committees of the senate and assembly with jurisdiction over science and technology shall advise the department concerning the administration of this subchapter. The department shall consider the advice of the committees in carrying out the functions under this subchapter. Annually, the department shall submit a report on the department's activities to the chief clerk of each house of the legislature for distribution under
s. 13.172 (3) to the standing committees with jurisdiction over science and technology.
560.905 History
History: 1989 a. 31.
560.91
560.91
General functions. The department shall do all of the following:
560.91(1)
(1) Be the advocate within state government for the development and coordination of an effective and balanced state science and technology economic development policy.
560.91(2)
(2) Advise the governor and the legislature on policy initiatives involving science and technology issues relating to economic development.
560.91(3)
(3) Identify and encourage opportunities to improve the competitiveness of businesses in this state and accelerate market-driven innovation in the state by the following types of technology transfer:
560.91(3)(a)
(a) Adoption of readily available and reasonably standardized, but underused, technological products and processes.
560.91(3)(b)
(b) Modification or new application of existing technologies.
560.91(3)(c)
(c) Translation of new scientific discoveries into useful commercial products, processes and services.
560.91(4)
(4) Encourage the lifelong education of residents, businesses and other organizations in this state on the role of science and technology in society and the world economy and the opportunities and responsibilities created by the application of new technologies.
560.91(5)
(5) Establish liaisons with institutions of higher learning, appropriate state agencies, federal agencies dealing with science and technology, national laboratories, industrial associations and other appropriate associations in the private sector and coordinate their activities as the activities relate to the department's responsibilities under this subchapter.
560.91(6)
(6) Work with and use existing agencies and programs, to the extent feasible, to ensure the execution of state technology-based economic development initiatives.
560.91 History
History: 1989 a. 31.
560.915(1)(a)
(a) "Fund" means a private, for-profit seed capital fund.
560.915(1)(b)
(b) "Seed capital" means equity financing to start a new business or expand a recently created business. "Seed capital" includes equity financing used for the development of a business plan, market research, prototype and product development, securing of a patent, capital equipment, other development work, selection of key personnel or working capital.
560.915(2)(a)
(a) Spend not more than $15,000 to contract with a professional executive search firm to identify a manager for a new fund to be based in this state.
560.915(2)(b)
(b) Provide not more than $100,000 to pay all or part of the salary of the manager of the fund and other expenses incurred in establishing the fund, for up to one year, if all of the following apply:
560.915(2)(b)1.
1. The primary purpose of the fund will be to contribute to the establishment and growth in this state of new or expanding technically oriented businesses.
