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Incentives and Assistance
Village TIF (Tax Incremental Financing) Assistance
The key Village source for incentivizing potential projects is through the use of TIF funds. To learn more about Tax Incremental Financing, click here.

State Programs
The following incentives and assistance are available from the State of Wisconsin to companies that are expanding or relocating to Waunakee. 
  • WMEP: Manufacturing Profitable Sustainability Initiative: this is initiative has been such a success that it has expanded.  To learn more about the initiative click here.  To learn more about WMEP visit their website at http://www.wmep.org/
   
Dane County Programs
The following incentives and assistance are available from Dane County to companies that are expanding or relocating to Waunakee.
Employee Training
The state of Wisconsin offers training programs that are designed to enhance the skills and abilities of its workforce. Offered in the form of a matching grant, the Customized Labor Training (CLT) Program has historically been driven by a company's commitment to re-invest in new technologies that necessitate the need for training.

In addition to the CLT Program, the state now also offers the Business Employees' (BEST) Program, which is specifically designed to meet the wide variety of training needs of Wisconsin's small businesses.

Capital Financing
The state of Wisconsin’s capital finance programs offer below market rate financing to businesses that are willing to make a firm commitment to invest in Wisconsin. Key programs include: 
  • Industrial Revenue Bonds (IRBs) - Wisconsin’s IRB program now has more than $265 million available to assist small manufacturers with expansion projects through low-interest financing.
  • Midwestern Disaster Area Bonds (MDABs) - This program offers private businesses in southern Wisconsin, including Waunakee, a unique opportunity to finance a wide variety of projects using tax-exempt bonds. Interest is exempt from federal income tax for the holders of private activity tax-exempt bonds such as MDABs. Therefore, the bondholders accept a lower interest rate for the tax-free income. The total allocation for Dane County, where Waunakee is located, is $17,550,150.
  • Tax credits - Tax credits can be granted for job creation, capital investment (M and E), employee training, and corporate headquarters.
 
Contact Information
Contact Village Administrator and Economic Development Director Todd Schmidt for more information.