Description
Wisconsin Womens Business Initiative Corporation
What Can WWBIC
Do For You?
Wisconsin Women’s Business
Initiative Corporation
(“WWBIC”)
Who We Are: A leading
innovative statewide economic
development corporation
“Putting Dreams to Work” since
1987.
Who We Care About:
Individuals who face barriers of
traditional means.
What We Do: Open doors of
opportunity by providing targeted
individuals who are interested in
starting, strengthening or
expanding businesses with access
to necessary resources and tools
such as quality financial and
business education, and
responsible financial products
Wisconsin Women’s Business
Initiative Corporation
(“WWBIC”)
Social Goal
and Indicators
“Improve the
economic wellbeing
of targeted
individuals by
building assets and
advancing self-
sufficiency.”
Job Creation
Businesses
Started,
Expanded,
Strengthened
Increased
Individual
Income
Increased Assets
Higher Credit
Scores
Microbusiness
Microbusinesses compromise 85%
of all business in Wisconsin
(462,000) and employ large numbers
of individuals*
If each microbusiness in the United
States would simply hire one more
individual- we would be at full
employment in our nation!
*Association Enterprise Opportunity
Business and Financial
Education Programming
Micro and Small Business Loans
One-on-One Business Technical
Assistance
Financial Capability Programs
and Individual Development
Accounts (IDAs)
WWBIC’s Mission
Our Primary Services
Classes held statewide and online
Topics on: Entrepreneurship, business planning, marketing,
financing, bookkeeping, technology, social media & financial
capability classes
Experiential, hands on, guest expertise
All class fees offer a sliding scale
You can register online by going to www.wwbic.com or call
your local WWBIC office
WWBIC’s Business Education
Educational Impact 2014
1:1
Counseling
Hours
18,909
Jobs Created
or Retained
2,456
Total
Workshops
531
Job Creation
Businesses
Started,
Expanded,
Strengthened
Start Smart/Small Biz
Multi-session series
Hands on
Professional Speakers
Result in a completed business plan
Sliding fee scale
Business Plan Review
One on one individual counseling
Appointment required
Start Smart & Small Biz
Sign up by calling your local WWBIC office
Sign up online: www.wwbic.com/classes/
1. Hover your mouse over the class you want to sign up for:
2. Click “Register”
Signing Up For
Additional Classes
Signing Up For
Additional Classes
3. Create or login to your existing account
Signing Up For
Additional Classes
4. Fill out your contact information
5. You will get a message stating you are successfully registered
for the class
Signing Up For
Additional Classes
6. Login at any time to see the classes for which you are
registered, or pay a class fee
7. When you are logged in, you can view your events under the
“Members” section
WWBIC Volunteer Program
200+ volunteers statewide
Experts in the community
including: accountants, attorneys,
bankers, entrepreneurs,
marketing specialists, etc.
Facilitate and guest speak at
classes
Assist clients one-on-one
Microcredit… What is it?
A successful, proven tool in poverty alleviation
Practice of extending small loans and other financial services
Promotion of self-employment
Access to Capital
Business owners who can’t borrow from a traditional financial
institution
Start-up business; growth
Gap financing for bankable customers
Manufacturing
17%
Food related
services
14%
Retail &
Wholesale Trade
15%
Professional Services
14%
Other Services
10%
Construction &
Waste Mgmt
7%
Health Care
Related
11%
Transportation &
Warehousing
6%
Arts, Entertainment, and
Recreation
6%
WWBIC’s Micro Loan Details
Loans range from $1,000 to $100,000 and can range up to
$200,000 utilizing an SBA Community Advantage Guarantee
Follow SBA business eligibility standards (for-profit)
Fixed loan rates, vary according to prime rates
Cannot be used for property
Terms vary with loan size and purpose; Maximum term is 72
months (120 months with SBA Community Advantage
Guarantee)
Business owners must be actively involved in the business
Micro Loans and Small
Business Loans Process
Complete an online loan application
$75 application fee & completed business plan
Preliminary review (5-7 business day turnaround)
• Experience
• Credit
• Viability
Complete review (4-8 week turnaround)
Access to technical assistance programs
Lending Impact 2014
WWBIC’S Creative Financing
Solutions
Loans Approved 149 $6,437,013
Loans Closed 133 $5,485,515
Businesses
Started,
Expanded,
Strengthened
Job Creation Increased Assets
Role of Business Technical
Assistance
WWBIC Small Business
Consultants
Focus on Building Business
Management Acumen
Use of Volunteers and
Consultants on behalf of our
Loan Clients
All WWBIC Loan Clients Receive 1:1 Business Technical Assistance
Financial Capability
One session courses, Budgeting, Identity
Theft, Credit Repair and more!
Make Your Money Talk, a Financial
Education Series designed to educate,
empower, and assist you in creating a spending
and savings plan
We Focus On:
Determining Need vs. Want
Understanding and using credit the best way
Consumer Rights and Responsibilities
Developing and Implementation of a Savings
and Spending Plan
Individual Development
Accounts (IDA)
IDAs are matched savings
accounts that enable low-income
American families to save, build
assets, and enter the financial
mainstream
IDAs reward the monthly savings
of working families who are
building towards purchasing an
asset (home, education, or college)
Open to the Housing Authority
City of Milwaukee Residents
Wisconsin Saves
Wisconsin SAVE$ (part of America SAVE$) is a
statewide initiative devoted to promoting
financial awareness and encouraging financial
action among people of all economic levels.
Financial Capability 2014
Active IDAs 142
Assets Acquired 16
TOTAL Homes 142
TOTAL Education 91
TOTAL Businesses 84
Increased
Individual
Income
Increased
Assets
Higher Credit
Scores
www.coffeewithaconscience.net
Coffee
Coffee With A Conscience is sensitive to human beings
worldwide. In purchasing green coffees from around
the world, our roasters have consistently recognized
the value of buying fair trade and certified organic
coffees.
Entrepreneurship
WWBIC owns and manages Coffee With A Conscience,
a revenue-generating source for both WWBIC and our
clients. WWBIC is committed to providing education,
lending and coaching opportunities to individuals
seeking economic independence.
Hope & Opportunity
Clients who have participated in WWBIC’s business
training or loan programs make some of the bakery and
confection products you enjoy at our two locations.
www.coffeewithaconscience.net
Visit Our 2 Convenient Milwaukee Locations
WWBIC Awards
2014 SBA Wisconsin Women’s Business Center Service Excellence
Award
2014 Shepherd Express Economic Energizer Award
2013 SBA National Women’s Business Center Excellence Award
2013 SBA Wisconsin Micro Lender of the Year Award
Who Have We Helped?
Purple Door Ice Cream, Milwaukee
Cupcakes a Go-Go, Madison
Becky’s Blissful Bakery, Pewaukee
Testudo, Madison
Antigua Latin Restaurant, West Allis
Just Like Home, Colby
Wheels, Brown Deer
Hi-Hat Lounge, Milwaukee
WWBIC Online Client Directory
How to Contact WWBIC
Milwaukee: 414.263.5450
Madison: 608.257.5450
Kenosha: 262.925.2840
Racine: 262.898.5000
[email protected]
www.wwbic.com
Thank You!
doc_197829832.pdf
Wisconsin Womens Business Initiative Corporation
What Can WWBIC
Do For You?
Wisconsin Women’s Business
Initiative Corporation
(“WWBIC”)
Who We Are: A leading
innovative statewide economic
development corporation
“Putting Dreams to Work” since
1987.
Who We Care About:
Individuals who face barriers of
traditional means.
What We Do: Open doors of
opportunity by providing targeted
individuals who are interested in
starting, strengthening or
expanding businesses with access
to necessary resources and tools
such as quality financial and
business education, and
responsible financial products
Wisconsin Women’s Business
Initiative Corporation
(“WWBIC”)
Social Goal
and Indicators
“Improve the
economic wellbeing
of targeted
individuals by
building assets and
advancing self-
sufficiency.”
Job Creation
Businesses
Started,
Expanded,
Strengthened
Increased
Individual
Income
Increased Assets
Higher Credit
Scores
Microbusiness
Microbusinesses compromise 85%
of all business in Wisconsin
(462,000) and employ large numbers
of individuals*
If each microbusiness in the United
States would simply hire one more
individual- we would be at full
employment in our nation!
*Association Enterprise Opportunity
Business and Financial
Education Programming
Micro and Small Business Loans
One-on-One Business Technical
Assistance
Financial Capability Programs
and Individual Development
Accounts (IDAs)
WWBIC’s Mission
Our Primary Services
Classes held statewide and online
Topics on: Entrepreneurship, business planning, marketing,
financing, bookkeeping, technology, social media & financial
capability classes
Experiential, hands on, guest expertise
All class fees offer a sliding scale
You can register online by going to www.wwbic.com or call
your local WWBIC office
WWBIC’s Business Education
Educational Impact 2014
1:1
Counseling
Hours
18,909
Jobs Created
or Retained
2,456
Total
Workshops
531
Job Creation
Businesses
Started,
Expanded,
Strengthened
Start Smart/Small Biz
Multi-session series
Hands on
Professional Speakers
Result in a completed business plan
Sliding fee scale
Business Plan Review
One on one individual counseling
Appointment required
Start Smart & Small Biz
Sign up by calling your local WWBIC office
Sign up online: www.wwbic.com/classes/
1. Hover your mouse over the class you want to sign up for:
2. Click “Register”
Signing Up For
Additional Classes
Signing Up For
Additional Classes
3. Create or login to your existing account
Signing Up For
Additional Classes
4. Fill out your contact information
5. You will get a message stating you are successfully registered
for the class
Signing Up For
Additional Classes
6. Login at any time to see the classes for which you are
registered, or pay a class fee
7. When you are logged in, you can view your events under the
“Members” section
WWBIC Volunteer Program
200+ volunteers statewide
Experts in the community
including: accountants, attorneys,
bankers, entrepreneurs,
marketing specialists, etc.
Facilitate and guest speak at
classes
Assist clients one-on-one
Microcredit… What is it?
A successful, proven tool in poverty alleviation
Practice of extending small loans and other financial services
Promotion of self-employment
Access to Capital
Business owners who can’t borrow from a traditional financial
institution
Start-up business; growth
Gap financing for bankable customers
Manufacturing
17%
Food related
services
14%
Retail &
Wholesale Trade
15%
Professional Services
14%
Other Services
10%
Construction &
Waste Mgmt
7%
Health Care
Related
11%
Transportation &
Warehousing
6%
Arts, Entertainment, and
Recreation
6%
WWBIC’s Micro Loan Details
Loans range from $1,000 to $100,000 and can range up to
$200,000 utilizing an SBA Community Advantage Guarantee
Follow SBA business eligibility standards (for-profit)
Fixed loan rates, vary according to prime rates
Cannot be used for property
Terms vary with loan size and purpose; Maximum term is 72
months (120 months with SBA Community Advantage
Guarantee)
Business owners must be actively involved in the business
Micro Loans and Small
Business Loans Process
Complete an online loan application
$75 application fee & completed business plan
Preliminary review (5-7 business day turnaround)
• Experience
• Credit
• Viability
Complete review (4-8 week turnaround)
Access to technical assistance programs
Lending Impact 2014
WWBIC’S Creative Financing
Solutions
Loans Approved 149 $6,437,013
Loans Closed 133 $5,485,515
Businesses
Started,
Expanded,
Strengthened
Job Creation Increased Assets
Role of Business Technical
Assistance
WWBIC Small Business
Consultants
Focus on Building Business
Management Acumen
Use of Volunteers and
Consultants on behalf of our
Loan Clients
All WWBIC Loan Clients Receive 1:1 Business Technical Assistance
Financial Capability
One session courses, Budgeting, Identity
Theft, Credit Repair and more!
Make Your Money Talk, a Financial
Education Series designed to educate,
empower, and assist you in creating a spending
and savings plan
We Focus On:
Determining Need vs. Want
Understanding and using credit the best way
Consumer Rights and Responsibilities
Developing and Implementation of a Savings
and Spending Plan
Individual Development
Accounts (IDA)
IDAs are matched savings
accounts that enable low-income
American families to save, build
assets, and enter the financial
mainstream
IDAs reward the monthly savings
of working families who are
building towards purchasing an
asset (home, education, or college)
Open to the Housing Authority
City of Milwaukee Residents
Wisconsin Saves
Wisconsin SAVE$ (part of America SAVE$) is a
statewide initiative devoted to promoting
financial awareness and encouraging financial
action among people of all economic levels.
Financial Capability 2014
Active IDAs 142
Assets Acquired 16
TOTAL Homes 142
TOTAL Education 91
TOTAL Businesses 84
Increased
Individual
Income
Increased
Assets
Higher Credit
Scores
www.coffeewithaconscience.net
Coffee
Coffee With A Conscience is sensitive to human beings
worldwide. In purchasing green coffees from around
the world, our roasters have consistently recognized
the value of buying fair trade and certified organic
coffees.
Entrepreneurship
WWBIC owns and manages Coffee With A Conscience,
a revenue-generating source for both WWBIC and our
clients. WWBIC is committed to providing education,
lending and coaching opportunities to individuals
seeking economic independence.
Hope & Opportunity
Clients who have participated in WWBIC’s business
training or loan programs make some of the bakery and
confection products you enjoy at our two locations.
www.coffeewithaconscience.net
Visit Our 2 Convenient Milwaukee Locations
WWBIC Awards
2014 SBA Wisconsin Women’s Business Center Service Excellence
Award
2014 Shepherd Express Economic Energizer Award
2013 SBA National Women’s Business Center Excellence Award
2013 SBA Wisconsin Micro Lender of the Year Award
Who Have We Helped?
Purple Door Ice Cream, Milwaukee
Cupcakes a Go-Go, Madison
Becky’s Blissful Bakery, Pewaukee
Testudo, Madison
Antigua Latin Restaurant, West Allis
Just Like Home, Colby
Wheels, Brown Deer
Hi-Hat Lounge, Milwaukee
WWBIC Online Client Directory
How to Contact WWBIC
Milwaukee: 414.263.5450
Madison: 608.257.5450
Kenosha: 262.925.2840
Racine: 262.898.5000
[email protected]
www.wwbic.com
Thank You!
doc_197829832.pdf