U.S. Bank awards $50,000 grant to The Business Council, Inc. U.S. Bank awards $50,000 grant to The Business Council, Inc.
U.S. Bank has expedited its annual $1 million Market Impact Fund grant program to provide funding for 30 local nonprofits that are working to respond to the most pressing needs in their communities. The fund includes $50,000 to The Business Council, Inc. in Milwaukee to provide individual grants to small businesses who are members of the Ethnic and Diverse Business Coalition (EDBC).
The EDBC includes 13 of the multicultural and diverse chambers in Wisconsin including Hmong, African-American, LGBT, Veterans and Latino Chambers. The Business Council, Inc. will operate the fund and works in collaboration with the EDBC.
“The support from U.S. Bank’s Market Impact Fund is a huge win for ethnic and diverse businesses in the State of Wisconsin,” Marjorie Rucker, Chair of the Ethnic and Diverse Business Coalition and Executive Director of The Business Council, Inc. “Formulating partnerships to provide support to small ethnic and diverse businesses during this time shows the true leadership of our banking partners like U.S. Bank.”
Governor to join MMAC Business Strategies during the Pandemic webinar, 11 am Tuesday, April 21
As MMAC President Tim Sheehy wrote in a note to members last week, “We continue to believe that this data shows that we need to be flexible in determining a Smart Restart of our economy, and that improving trends will allow us to reel in the May 26th extension of ‘Safer at Home.’ In addition, we believe the challenging economic conditions are a growing factor in this consideration.”
MMAC’s plan for a Smart Restart to our economy, and preparing your company to compete in the next normal
by MMAC President Tim Sheehy
Throughout the COVID-19 crisis, MMAC has served its members by learning the facts, assessing their impact, and leading in your best interests.This discipline will apply to supporting you through the economic stages of recovery and into the next normal.
As part of those efforts, we are sending you a fact-based “Smart Restart” plan to move our economy forward. The MMAC’s Board of Directors approved this draft today, and we want your feedback. We are sharing this with our elected officials. View the full plan >>
Punchline: Key health and safety indicators provided by the Medical College of Wisconsin are showing noticeable improvements. The daily growth rate (the rate at which the number of cases change, day over day) has come down over 3 weeks from 35% to under 8%. The doubling time (days it takes for the number of cases to double) has increased from 2.5 days to over 9 days. New cases are trending downward.
Apple Spice Catering, MMAC Community Support Foundation partner to provide meals to front-line workers
Apple Spice Milwaukee Catering Company has partnered with the MMAC Community Support Foundation to raise money in an effort to provide a delicious meal for as many front-line workers as possible. Join Apple Spice and additional supporters Ted & Mary Kellner, Pete & Holly Helf and Paul & Lisa Sweeney by donating to this cause through the MMAC Community Support Foundation.
With all of the money raised, we will provide as many meals as possible for those fighting for us night and day to defeat this terrible disease. As you know, they have been working countless hours, often times unable to be with their loved ones. Help us to show our support and thankfulness.
Checks should be made out to MMAC CSF—c/o FFLW.
756 N Milwaukee Street
Milwaukee, WI 53202
Alternative payment methods can be arranged through Marjorie Yoshida at firstname.lastname@example.org.
All of your donations are fully tax deductible. Thank you in advance for your generous support.
Be safe and well!
Apple Spice Milwaukee
MMAC and the Milwaukee 7 support getting Wisconsin back to work as quickly and safely as possible. We are deeply engaged with our membership/investors and acutely sensitive to the economic impact of the current state shutdown and eagerly pursuing an economic restart.
We want to safely restart the Wisconsin economy, and move forward without lurching back in another closure. To that end, we will continue to work with the administration, legislators and our businesses and health care leaders to develop a viable restart of the economy.
Our goal from the onset has been to promote policies that flatten the health impact of COVID-19, while lifting the economy as efficiently as possible. A date certain to end the “safe at home” order is important, but we all need to prepare for living and working in the next normal -- one that will continue until a widespread vaccine is available.
From Tim Sheehy, MMAC President
First LEARN. Draw on the experience of our health care members and employers who have faced this crisis in other countries/states. Second, ASSESS. Consult a diverse team of CEOs from small, midsize and larger employers across industries (a subset of the board elected by the membership) and evaluate the best available information. And third, LEAD. Respond, communicate and take the actions necessary that balance the health risks with the economic risks of the coronavirus. It has been and it will continue to be a challenge to find the right path forward.
MMAC: Doing what we do best - Bringing the business community together to act on challenges & opportunities.
The Metropolitan Milwaukee Association of Commerce remains open for business, as we have been for 158 years. But as our region, our country and our world face an unprecedented challenge with the spread of the coronavirus and COVID-19, we will be working very differently for the foreseeable future.
Starting today, the MMAC employees are working from home, with our physical office closed for at least the next two weeks and perhaps much longer. MMAC and its Milwaukee 7 Economic Development Partnership employees will stay on the job and continue working remotely to meet your needs – a task now more important than ever. This is a significant challenge, but we will help you get through it. When there is a recovery and a return to growth, we will be here every step of the way.
From MMAC President Tim Sheehy
MMAC’s leadership is closely monitoring developments regarding the spread of the coronavirus (COVID-19,) which was designated as a pandemic by the World Health Organization on Wednesday.
While there have been a relatively limited number of positive cases identified in Wisconsin to date, this is a quickly evolving situation. We know that the Milwaukee Region’s business community and our citizens should plan for the outbreak to spread quickly, and to rapidly change our routines in response.
MILWAUKEE – The Metropolitan Milwaukee Association of Commerce (MMAC) is pleased to welcome accomplished chamber of commerce executive Robert H. Recker as MMAC Senior Vice President and Chief Development Officer for the Milwaukee 7 Economic Development Partnership (M7.)
Recker, who most recently worked for the Greater Memphis Chamber in Tennessee, will lead development efforts for MMAC and M7. This combined focus will allow both organizations to fund long-term strategies for the Milwaukee Region in areas such as:
Recker will play a leading role in the upcoming MMAC/M7 Prosperity 2025 fundraising campaign, which was announced at the M7 Annual Meeting in January with a lead investment of $2 million from WEC Energy Group Executive Chairman and M7 Co-Chair Gale Klappa.
“We’re excited to welcome Robert to our team, and it couldn’t have come at a better time,” MMAC President Tim Sheehy said. “While the Milwaukee Region is experiencing a moment of opportunity right now, we also must prepare for trends and circumstances that could disrupt our economy. To have the resources it takes to be ready, we must connect missional investors throughout our region to the work they make possible. Robert’s skill set is ideally suited to this role, and I know he’s eager to get started.”
View the full study: homecrewadvantage.com
MILWAUKEE -- An independent study released today by the Metropolitan Milwaukee Association of Commerce (MMAC) shows that the Milwaukee Brewers’ Miller Park has generated $2.5 billion in economic output over the last 20 years.
With the five-county sales tax that supported Miller Park’s construction set to sunset shortly, MMAC President Tim Sheehy said the study’s findings are a welcome validation of a successful public-private partnership.
“Twenty years ago, MMAC made the case to our members and to state policymakers that keeping Milwaukee a major-league city was a wise investment,” Sheehy said. “This independent study shows that the actual return on that investment has exceeded our expectations.”
Milwaukee 7 recognizes Racine County Economic Development Corporation with Excellence in Economic Development Award
MILWAUKEE – The Milwaukee 7 Economic Development Partnership has recognized the Racine County Economic Development Corporation (RCEDC) with its inaugural Excellence in Economic Development Award, M7 officials announced on Wednesday.
The award, which recognizes outstanding economic development projects and partnerships that have contributed to the economic vitality of the Milwaukee Region, was presented during M7’s annual meeting at Northwestern Mutual’s headquarters in downtown Milwaukee. RCEDC President Greg Barron, Executive Director Jenny Trick and members of the RCEDC staff were present to accept the award.
“Racine County has been a valued and trusted M7 partner over the years, with a mission of connecting communities, facilitating jobs and growing businesses,” M7 co-chair Gale Klappa said. “We thank the team in Racine for all of its hard work and the exceptional contributions it is making to our region’s economic growth and prosperity.”
By MMAC Chair Jonas Prising - Chairman &CEO of ManpowerGroup
Metro Milwaukee’s economic trend continues on a sluggish path as less than half of the monthly indicators tracked by the Metropolitan Milwaukee Association of Commerce (MMAC) pointed upward in August. Nine of 23 indictors pointed upward in August, marking the sixth time in the past nine months that positive trending indicators accounted for less than half of the total.
“August’s trend can largely be attributed to two main patterns,” said Bret Mayborne, the MMAC’s economic research director. “Job gains across major industry sectors were increasingly uneven and manufacturing and production indicators posted continuing year over-year declines.”
With ‘Region of Choice’ pledge, MMAC member companies commit to increasing workplace diversity in Metro Milwaukee
64 of Milwaukee’s leading employers make initial commitment; full MMAC membership invited to join
MILWAUKEE – A group of 64 of Metro Milwaukee’s leading employers are pledging to increase diversity in their workforce and management, the Metropolitan Milwaukee Association of Commerce (MMAC) announced at its All Member Meeting on Thursday night.
Representing more than 128,000 employees in the region, these companies made the first round of commitments to the MMAC’s “Region of Choice” pledge in front of more than 1,400 Milwaukee business and community leaders during Thursday’s meeting at Fiserv Forum. MMAC now is opening the pledge to all its member companies and beyond.
New collaboration to help Milwaukee Region companies attract, retain and train talented workers
Responding to Milwaukee Region companies’ urgent need to for talented employees, the Metropolitan Milwaukee Association of Commerce (MMAC) and Milwaukee 7 Economic Development Partnership (M7) are convening employers in collaborative solutions.
For more than a decade, MMAC has been working to find ways to restructure our state and local tax system in a way that encourages economic growth. For nearly a year now, we have been facilitating discussions with county and municipal leaders throughout Milwaukee County on ways we might make progress toward that goal locally. The Move Forward MKE proposal, announced today with support from MMAC, the Greater Milwaukee Committee, Milwaukee County Executive Chris Abele, Milwaukee County Board Chairman Theo Lipscomb and the mayors of every municipality in Milwaukee County, was a major step toward that goal.
THE AGENDA: Legislative update
by Steve Baas - Senior VP of Government Affairs
The state legislature’s budget-writing Joint Committee on Finance completed its work last week, and the budget heads to the full legislature for approval next week. Some highlights of the committee’s work as it pertains to MMAC’s public policy agenda are included:
Manufacturers lead list with 12 winners, affirming region’s strength
MILWAUKEE -- The Metropolitan Milwaukee Association of Commerce (MMAC) and its Council of Small Business Executives (COSBE) have announced the 2019 Future 50 awards winners. Each year since 1988, the Future 50 awards have recognized 50 of the fastest-growing companies in the seven-county Milwaukee Region.
Twelve of the 50 firms on this year’s list are manufacturers, providing yet another indication of the Milwaukee Region’s continued strength in manufacturing. The construction industry also was well-represented with 10 winners, while 8 business/professional services firms made the 2019 list.