February 2022 Newsletter



February 2022 NEWSLETTER

Although we have had lower than average snow fall amounts, the winter activities are still going well and businesses are reporting a good season so far. We hope that things are going well for your business and please feel free to reach out to us with any needs or positive news. Has your business been in the news lately? If you have information/news you would like us to consider adding into the newsletter please contact Cole Rabska at: info@bayfieldcountyedc.com

We are looking for feedback from our businesses and individuals and your response will help us. Have you seen: an increase, a decrease or about average winter enthusiast crowd?

SPARK is back!!

Spark is a community-based startup pitch platform for entrepreneurs and business owners in the Chequamegon Bay. This exciting event brought to you by CheqYes with the Wisconsin Small Business Development Center at UW Superior as our presenting sponsor. Local entrepreneurs are invited to apply to pitch their business ideas. Applications are due by March 18th. All applications will be reviewed, and the final presenters will be selected and notified by April 1st.

Spark will take place on June 2, 2022, from 6 - 8 PM in Ashland. At this time, it has not been decided if this will be an in-person or virtual event. The audience has a chance to evaluate and vote for their favorite idea alongside the judges. Each presenter will be given 5 minutes followed by 5 minutes of questions. Selected finalists will pitch their idea to judges and an audience for the chance to win $5,000 and a business start-up package. New this year, Spark will also be awarding a second place cash prize!

Is Your Business Interested in Attracting and Retaining Talent by Connecting to K-12 Education?

Please take a moment to complete this short survey and share your feedback around labor market trends, academic and technical skills for your employees, and employ-ability skills needed in the workforce.

Is Your Business Interested in Promoting Your Business to Current Students & Parents?

If you have a brief (2-4 minute) promotional video for your business, please drop the link in the survey. We will post your video on the region’s CESA websites to be utilized with our K-12 education partners, students and parents in the region in an effort to help you attract and retain talent. Below is a summary of how we will use the survey results.

Why Gather Employer Feedback?

Currently, our school districts are completing a comprehensive local needs assessment gathering data from multiple stakeholders and multiple data metrics to review. After reviewing their data and determining their findings, they will use that information to add career pathways into their schools, enhance current pathways with courses, Youth Apprenticeship programs, industry recognized credentials, work-based learning experiences and/or adjusting skills and instructional topics taught throughout their programs. They are also reviewing feedback, recommendations, and student data to determine gaps, interests, and target areas. Your input is greatly appreciated!

Thank you in advance for completing the survey!

LOCAL BUSINESS IN THE NEWS

El Zarco in Grand View was featured in "Only in Wisconsin" February's newsletter.

AdventureUS in Washburn had a featured article in Lake Superior Magazine February/March 2022 issue. Congratulations on a great article!

What Do Competitive Wages Look Like in Your Industry?

In Northeastern Minnesota, there are 12,886 reported job vacancies, according to data from the state Department of Employment and Economic Development’s Job Vacancies Survey. Compare that to the approximate 7,480 individuals in Northeastern Minnesota currently receiving unemployment benefits.

To put it in perspective, that’s roughly one job seeker for every two job openings.

GLOBAL TRADE OPPORTUNITY

PLENTIFUL, DIVERSE TRADE OPPORTUNITIES AWAIT IN CANADA

Wisconsin enjoys a strong bilateral trade relationship with Canada—one that provides abundant opportunities for Wisconsin companies to expand their exports. To help build that relationship and grow Wisconsin’s international trade, the Wisconsin Economic Development Corporation (WEDC) will lead a trade venture to Toronto and Montreal from March 20-25, 2022.

WISCONSIN NEWS

Navigating WI State Government for Small Business February 23rd 12pm-1pm

Join the Main Street Alliance for an exclusive webinar on how to navigate the Wisconsin state government for your small business. We are thrilled to be joined by Sam Rikkers, Chief Operating Office for the Wisconsin Economic Development Corporation and State Representative Francesca Hong, a member of the MSA WI Leadership Team. They will provide critical information both on what grant and small business support programs the state provides, as well as 'the state of play' in the legislature and how YOU can use your voice to advocate for your small business, staff and community. Space is available for this exclusive zoom event. RSVP today!

GRANTS STILL AVAILABLE

Main Street Bounceback Grants are still available.The goal of the Main Street Bounceback Grants program is to provide financial support to businesses that move into existing vacant commercial properties, helping to create a foundation for long-term success for themselves and their communities.

Bayfield County Micro-enterprise business grants are still available. Grants of up to $10,000 are available to small business owners (Microenterprise) and up to $5,000 to homeowners/renters. Must meet qualifications including low-to-moderate income criteria.

BUSINESS PARK HIGHLIGHT

Iron River Industrial Site: 40 acres of land available along US Highway 2, Town of Hughes, just West of Iron River, Bayfield County WI. County Owns Land. Land is future land use planned for Industrial by Town and County.

BUSINESS START UP RESOURCES

 

Check out our the resources page on our website for updated entrepreneur and business resources.

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