The goal of MMAC'S pro-business agenda for a thriving economy is to foster a climate that promotes the growth of individual businesses and the collective business community
2013-2015 Objectives & Results
Support the mission and strategies of the Milwaukee 7 - the region's economic development partnership - which was co-founded by the MMAC to grow, expand and attract companies and jobs.
Facilitate corporate expansion and attraction
Led a targeted business outreach program to call on hundreds of companies in key industries to better understand their challenges and how Milwaukee 7 can support them.
Promoted organizations engaged in business acceleration and start-ups, including BizStarts, MiKE (Innovation in Milwaukee) and Scale Up Milwaukee
Expand global business engagement
Gained acceptance into the Brookings’ Global Cities Initiative, a project that helps leaders in U.S. metro areas re-orient their economies toward greater engagement in world markets.
Advance leading industry clusters
Supported and partnered with industry networks: FaB Wisconsin (Food and Beverage manufacturing network), the Water Council and the Mid-West Energy Research Consortium to grow these clusters.
Build regional capacity
Aligned and collaborated with federal, state and regional partners to improve the business climate and regional cooperation.
U.S. Export Import Bank
Gained reauthorization of the U.S. Export Import bank through September, 2019.
Immigrant Investor Program
Marketed the EB5 Immigrant Investor Program (which offers visas in exchange for qualified investment in a Milwaukee Region project), resulting in $252 million in investment and 5,050 jobs over the past five years.
Foreign Direct Investment
Since 2010, the Milwaukee 7 has attracted 11 European manufacturing companies, accounting for 820 jobs and $120 million in capital investment.
- Continue to facilitate corporate expansion and attraction, with a goal of securing 7,700 new jobs in the next five years.
- Continue to strategically align the state’s economic incentive programs to maximize business attraction and retention impact.
- Expand global business engagement by launching the JP Morgan Chase Export Development Grant Program:
- Conduct an industry talent survey to assess talent demand and necessary skill levels
- Work with Milwaukee Area Technical College to open a Food Maker School
- Secure tenants, building and funding for a Global Food and Beverage Center of Excellence
- Graduate FaBcap Class 1 and launch Class 2
- Maintain federal support for the EB-5 Immigration Zone program.
- Reach the M7 funding goal of $9.4 million.
- Intensify focus on foreign direct investment through company visits and trade shows.
- Continue to advance leading industry clusters, including food and beverage manufacturing; water technologies; and energy, research and controls. Through FaB Wisconsin:
- Award grants up to $5,000 to help local companies enter international markets
- Help companies navigate the exporting process and find resources
- Leverage successes to encourage additional companies to engage in exporting and foster an exporting culture