“One of a rural community’s biggest economic development challenges is their ability to maintain and upgrade infrastructure that meets the demands of new and expanding businesses,” says Frank Frassetto, Wisconsin USDA Rural Development state director. “Cooperatives are uniquely positioned to assist with this plight by utilizing their networks to leverage resources and programs that enhance the economic prosperity of the communities they serve.”
Central Wisconsin Electric Cooperative (CWEC) has done just that by partnering with the USDA and the Rural Economic Development Loan & Grant Program (REDLG). Read this article to discover how CWEC empowered enterprise by securing zero-interest loans that helped small businesses and non-profits in their community thrive.
We applaud CWEC’s efforts in working together for the greater good and sparking new energy into their community on a daily basis.
If you’re interested in learning more about economic development, join us at the NET XIX conference in San Diego this February. And be on the lookout for future articles that highlight rural revitalization efforts in Brand News.