WWBIC

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1533 W Riverview Milwaukee, WI 53212
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Wisconsin Women’s Business Initiative Corporation (WWBIC) assists individuals who are interested in starting, strengthening or expanding businesses by providing direct lending, quality business and financial capability education and one-on-one technical business assistance.

Services are open to anyone but our focus is women, people of color and people of lower wealth – those most likely to face barriers in accessing financing or educational support.

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Mission

WWBIC is a leading innovative statewide economic development corporation that is "Putting Dreams to Work" since 1987.

Storytelling

Daddy's Soul Food - WWBIC has provided numerous loans - current jobs created over 25 and two locations.

Lesia's Land of Love - WWBIC provided a loan and currently she employs over 15 individuals - working with foster children.

Our Impact (2022)

5,200 individuals served

350 training programs or workshops offered

50+ funding partners

Use the icons to explore our impact metrics.

Access to Capital

Providing entrepreneurs capital in order to start and/or grow their business. (i.e. direct lending or grant programs for small businesses)

Removal of Barriers

Providing support to entrepreneurs to empower them and become more educated business owners (i.e. general business support, training in accessing procurement).

  • 125 Total number of loans awarded

  • 6,500,000 Total dollar amount of loans dispersed

  • 100 Total number of grants awarded

  • 3,000,000 Total amout of grants dispersed

  • 500+ Total number of individual (1:1) technical assistance sessions conducted

  • 25,000 Total number of hours spent providing technical assistance

Type of Organization

  • Lending Institution

Locations Served

  • Wisconsin

Key Programs and Initiatives

  • Black Business Boost

Types of Offerings

  • 1 to 1 business advising
  • Accelerator
  • Advisory/Consulting Services
  • Certification assistance
  • Mentoring/coaching
  • Cohort Training Programs
  • Entrepreneurial Training
  • Financing

Program Delivery

  • Hybrid (in person/virtual)

Members of the Black Community Served

  • Immigrants
  • Returning Citizens/Formerly incarcerated
  • Women
  • 65+/Senior Citizens
  • Veterans

Locations of Members of the Black Community Served

  • Low to moderate income areas
  • Low-income areas
  • Suburban areas
  • Urban areas

Targeted Entrepreneur Segments

  • Agriculture
  • Fishing and Hunting
  • Construction
  • Manufacturing
  • Wholesale & Retail Trade
  • Transportation & Logistics
  • Finance and Insurance
  • Real Estate Rental and Leasing
  • Forestry
  • Information
  • Administrative and Support and Waste

Business Stage

  • Start Up : a young business that is just beginning to develop and determine a market fit.

  • Scale Up : a business that already validated its product in a market and has proven sustainable.

Cost of Programs

  • Free