Workshop held for small business owners to help with Foxconn development
MILWAUKEE (CBS 58) -- The state of Wisconsin is helping people get jobs working on the new Foxconn development.
The Wisconsin Department of Workforce Development hosted a workshop in Milwaukee on Wednesday. It was for small businesses that are owned by women, veterans, or minorities.
Business owners learned how to stay up to date on construction bids, work with other small businesses, and apply for loans.
"Some of the problems with smaller businesses are they don't have enough capital to get going, so to hit their first few payrolls to buy equipment they need to work on projects, so these WHEDA-backed loans will help them do that," said Christopher Hagerup with the Wisconsin Department of Workforce Development.
The state hopes that at least 10% of contractors working on the Foxconn development are from small businesses. Another workshop has been planned for Friday, August 24 in Racine. The workshop is free, but registration is required.