There’s a new $15 million loan fund that’s targeting start-up businesses and other newer companies. The Wisconsin Housing and Economic Development Authority will finance about $1.5 million and the remainder will come from the private sector. The goal of the fund is to focus on high-growth companies that would locate in the 30th Street Industrial Corridor. The loan fund is part of Governor Walker’s “Transform Milwaukee” project, which calls for the authority to spend $100 million over the next two years for business expansion, new housing and other improvements.
There were four different job fairs throughout Milwaukee yesterday, which means employers and job seekers were keeping busy. One included Walmart -- who is looking to hire 75 associates to work at the neighborhood market store opening this summer. Another fair was at Generac Power Systems, which wants to fill engineering and technician positions. Waukesha County Technical College in Pewaukee held a job fair with more than 60 employers, and lastly State Fair Park is looking to fill positions during its annual fair in august. More details on these open positions will be posted on our website.
Alderman Robert Bauman is being awarded the 31st annual “Spaces and Traces Historic Perseveration Award” for his commitment and investment in Milwaukee and the Concordia Neighborhood. Bauman was elected back in 2004, and represents Milwaukee’s architecturally and historically vibrant 4th district. Bauman has been a resident of the historic Concordia Neighborhood for 15 years and shows absolute passion and dedication to historic preservation throughout Milwaukee. Historic Milwaukee will be presenting Bauman with the award later today.
A recent report shows that health care costs for a family of four may top $20,000. According to the annual Milliman Medical Index, health care costs are projected to reach $20,728 this year. The estimate is based on costs for a family enrolled in the most common plan, a so-called “preferred provider organization”, which is a network of hospitals, physicians and other health care providers who have agreed to negotiated discounts. Medical officials say this helps illustrate the challenge of controlling health care costs.
Today is the 2012 Biz Expo and it’s being held at the Potawatomi Bingo Casino. This year, events include “Women in Business” – which will feature a panel of executives from a wide variety of industries. They’ll talk about key aspects of leadership with topics ranging from development and growth, work life balance and fostering relationships. Then there’s the “Entrepreneur and IQ Awards Luncheon” featuring Joe Bartolotta. Finishing off the day will be the “After Hours Networking Event” which our very own DJ Tarik will be spinning at. The expo starts at 7:30 this morning.
Several celebrations took place yesterday in honor of a few MPS schools. U.S. News and World Report ranked Rufus King International School the number one high school in Wisconsin and 130th in the nation. Following that is Ronald Reagan College Preparatory High School, which was ranked number two in Wisconsin and 197th nationally. Then Milwaukee School of Languages was ranked number seven in the state. The schools were awarded based on state proficiency standards and how well they prepare students for college. MPS says it’s the only school district in Wisconsin to have schools among the top 200.