560.036(2)(g)
(g) If the department, after an examination under
par. (f), determines that a business does not qualify as a minority business, the department shall notify the business and the departments of administration and transportation that it intends to decertify the business. The business may, within 30 days after the notice is sent, appeal in writing to the secretary. The secretary shall enter his or her final decision within 30 days after receiving the appeal. If the secretary confirms the decision of the department, the department shall immediately decertify the business. A decertified business may, within 30 days after the secretary's decision, request a contested case hearing under
s. 227.42 from the department. If the final administrative or judicial proceeding results in a determination that the business qualifies as a minority business, the department shall immediately certify the business.
560.036(3)(a)(a) The department shall promulgate rules establishing procedures to implement
sub. (2).
560.036(3)(c)
(c) The department may promulgate rules establishing conditions with which a business, financial adviser or investment firm must comply to qualify for certification, in addition to the qualifications specified under
sub. (1) (e),
(ep) and
(fm), respectively.
560.036 Cross-reference
Cross Reference: See also s.
Comm 105.01, Wis. adm. code.
560.037
560.037
Women's business initiative corporation grants. 560.037(1)(1) Subject to
sub. (3), the department may make grants from the appropriation under
s. 20.143 (1) (fg) to the women's business initiative corporation to fund its operating costs if all of the following apply:
560.037(1)(a)
(a) The women's business initiative corporation submits a plan to the department for each grant detailing the proposed use of the grant and the secretary approves the plan.
560.037(1)(b)
(b) The women's business initiative corporation enters into a written agreement with the department that specifies the conditions for use of the grant proceeds, including reporting and auditing requirements.
560.037(1)(c)
(c) The women's business initiative corporation agrees in writing to provide services to individuals throughout the state.
560.037(1)(d)
(d) The women's business initiative corporation agrees in writing to submit to the department the report required under
sub. (2) by the time required under
sub. (2).
560.037(2)
(2) If the women's business initiative corporation receives a grant under this section, it shall submit to the department, within 6 months after spending the full amount of the grant, a report detailing how the grant proceeds were used.
560.037(3)
(3) The department may not make grants under
sub. (1) that exceed $125,000 in total in any year.
560.037 History
History: 1993 a. 16;
1997 a. 27.
560.038
560.038
Minority nonprofit corporation grants. 560.038(1)(a)
(a) "Business incubator" means a facility designed to encourage the growth of new businesses, if at least 2 of the following apply:
560.038(1)(a)1.
1. Space in the facility is rented at a rate lower than the market rate in the community.
560.038(1)(a)3.
3. Management and technical assistance are available at the facility.
560.038(1)(a)4.
4. Businesses using the facility may obtain financial capital through a direct relationship with at least one financial institution.
560.038(1)(b)
(b) "Nonprofit corporation" means a corporation that is organized under
ch. 181 and that is exempt from taxation under section
501 (c) (3) of the internal revenue code.
560.038(2)
(2) Grants. In each fiscal year, the department may make a grant of not more than $100,000 from the appropriation under
s. 20.143 (1) (fm) to a nonprofit corporation, if all of the following apply:
560.038(2)(a)
(a) The nonprofit corporation owns and operates a business incubator.
560.038(2)(b)
(b) The business incubator provides services primarily to minority group members or minority businesses.