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.
560.915(2)(b)2.
2. The manager or the person who controls the fund agrees to repay any money provided by the department under this section, on terms satisfactory to the department, after the fund has invested in one or more businesses.
560.915(2)(b)4.
4. The manager or person who controls the fund agrees to give a priority in the use of money from the fund to new or technically oriented businesses that certify that they use or will use techniques or processes that reduce or eliminate the use of ozone-depleting substances that are listed as class I substances under
42 USC 7671a.
560.915(3)
(3) The department may not spend or provide moneys in connection with a fund under
sub. (2) after June 30, 1991.
560.915(4)
(4) The department shall do all of the following:
560.915(4)(a)
(a) Prepare a biennial report on the disposition and repayment of moneys spent under
sub. (2).
560.915(4)(b)
(b) Submit the report to the chief clerk of each house of the legislature under
s. 13.172 (3) for distribution to the standing committees with jurisdiction over economic development on or before December 31 of each odd-numbered year beginning in 1989 and ending in the odd-numbered year in or after which the earlier of the following occurs:
560.915(4)(b)2.
2. The secretary certifies in the report that the department will not provide money to any fund under
sub. (2) (b).
560.915(4)(c)
(c) Deposit all money received in repayment of financial assistance under
sub. (2) (b) in the general fund.
560.915 History
History: 1989 a. 31;
1993 a. 243.
560.92(1)(1) The department shall promote this state's science and technology assets in cooperation with Forward Wisconsin, inc. and the department of agriculture, trade and consumer protection.
560.92(2)
(2) The department shall establish a program to recognize all of the following:
560.92(2)(a)
(a) Entrepreneurs in this state who have established successful technically oriented businesses.
560.92(2)(b)
(b) Outstanding researchers in basic and applied sciences in this state.
560.92 History
History: 1989 a. 31.
560.925
560.925
Information exchange. The department shall do all of the following:
560.925(1)
(1) Establish and maintain a clearinghouse of information on science and technology relating to the general functions of the department under this subchapter, including the usefulness of science and technology to the public, government and industry in increasing the competitiveness of the economy of this state and enhancing the opportunity for joint ventures and more effective communication between the public and private sectors.
560.925(2)
(2) Sponsor conferences and workshops related to the functions of the department under this subchapter.
