BUSINESS INCENTIVES

Waterford's Business Incentives

Absolutely Waterford welcomes you to open or expand your business in Downtown Waterford located in Western Racine County. Our community wants to partner with you for business success. Below are some opportunities to do just that.

Low Interest Loans
Business Lending Partners, a Division of Racine County Economic Development Corporation (RCEDC), offers low interest loans to finance real estate purchases, renovation, and new construction; equipment, furniture and fixtures, and in some cases working capital. Projects are financed in partnership with primary lenders. See contact info on the right.

Tax Credits and Low Interest Loans
Tax credits and low-interest loans are available through the Wisconsin Economic Development Corporation (WEDC) to companies expanding or relocating to Wisconsin. Qualifying projects are adding jobs and making capital investment. Use contact info on the right.

Land and Property Searches
Land and property searches are available by contacting RCEDC or on their web site listed on the right.

Minority Business Grants / Manufacturing Grants
UW-Parkside Small Business Development Center offer up to $2,500 in grants to qualifying small and midsized minority owned businesses to offset the costs of employee skills training, technology implementation projects or consulting services. See contact info on the right.

Workforce Training Assistance
Racine County Workforce Development Center offers assistance with recruiting and screening applicants. Grants are available to cover between 50-90% of on-the-job training costs of hiring a new employee. Business must work with WDC prior to hiring an employee to qualify. Use contact info at the right.

Village of Waterford Curb Appeal Grant Program
The Curb Appeal Grant Program is intended to stimulate improvements to the exterior of commercial buildings and building signs located in the Village of Waterford, with special focus on the Waterford Heritage District. Funding is provided by the Village of Waterford General Fund. The funding is intended to stimulate building and signage improvements.

Grant eligibility includes owners and tenants of existing commercial buildings. Tenant applicants are required to submit written evidence of building owner approval with the application. All applicants agree to comply with the Heritage District Design Guidelines to the extent the Design Guidelines do not conflict with the regulations for the applicant's applicable district.

The Facade and Signage Grant Program can be used to fund improvements to the exterior front, rear and side facades and signs of existing commercial buildings. Other eligible uses can be painting, cleaning, awnings, materials, labor, entrances, window repair, masonry work, architectural assistance, lighting, signage and roofs with decorative elements will be considered.

Grant monies cannot be used for interior work and inappropriate cleaning methods, tax delinquent and tax exempt properties, properties delinquent on utility charges and billings from the Village, exclusively residential properties, projects begun / finished before the grant program adoption date of 8/28/2012.

For more information, please download and review the:
Grant Application Document
Design Resource Document

Business Resources, cont'd

Waterford Village Hall

123 North River Road
Waterford, WI 53185
262-534-3980
www.waterfordwi.org

Administrator
262-534-3980
rewald@tds.net

Assessor
1-800-721-4157
info@apraz.com

Building & Zoning Inspector
262-534-7911

Electrical Inspector
262-534-3981

Fire Inspector
262-534-3655
262-534-6623

Plumbing Inspector
262-534-7911

Library
262-534-3988
www.waterford.lib.wi.us

Business Resources

WEDC

inwisconsin.com

RCEDC

262-898-7530
lmillion@racinecountyedc.org
www.racinecountyedc.org

Business Lending Partners

(Division of RCEDC)
262-898-7420
cengel@businesslendingpartners.org
www.blp504.org

UW-Parkside

Small Business Development Center
262-595-3363
www.parksidesbdc.com

Workforce Development Center

262-638-6637
kristin.schroeder@goRacine.org
www.wdc.racineco.com/

Chamber of Commerce

262-534-5911
chamber@waterford-wi.org
www.waterford-wi.org/

Village of Waterford

Curb Appeal Grant Program
Heritage District Design Review Appl.
Grant Application Document

A Guide to Starting Your Business in Downtown Waterford

The mission of Absolutely Waterford is to develop Waterford's unique identity in keeping with its rich history and promote the revitalization of the downtown Waterford Heritage District.