Wisconsin Economic Development

Wisconsin Economic Development Corporation (WEDC), based in Madison, is an economic development agency dedicated to fostering business growth and job creation throughout the state. Established in 2011, WEDC collaborates with over 600 statewide partners, including regional economic development organizations, academic institutions, and industry groups, to enhance communities and support business development. The organization offers a range of resources, technical support, and financial assistance aimed at encouraging entrepreneurship, advancing industry innovation, and facilitating access to global markets. Additionally, WEDC focuses on developing a skilled workforce and provides debt funding to startup and early-stage companies, all in an effort to strengthen Wisconsin's economy.

David Arnstein

Fund Manager

Peter Barca

Board of Director

Kathleen Heady

Director, Sector Strategy Development

Joe Kirgues JD

Co-Chairman, Entrepreneurship and Innovation Committee

Barb LaMue

Vice President, Economic and Community Development

1 past transactions

Forward BIOLABS

Grant in 2024
Forward BIOLABS is a biotechnology company based in Madison, Wisconsin, established in 2018. It specializes in providing fully equipped and maintained co-working life science laboratories designed to support startup companies in the biotech sector. The facilities are complemented by concierge services that include introductions to industry contacts, training programs, and networking opportunities aimed at fostering growth for emerging businesses. By offering a comprehensive lab infrastructure, Forward BIOLABS enhances both capital and operational efficiencies, enabling startups to focus on their research and development efforts.
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