Commit. Do. Assess. Measure. Repeat.
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I don’t know about you, but it feels like we’ve been retooling a lot these last few months, especially our newsletter! Three months ago, we went from averaging 2-3 outbound communications each month to 2-3 each week overnight to accommodate the rapidly evolving situation, retooling and scaling back as we adjusted to life and business in quarantine. For the foreseeable future, here’s what you can expect to see from us: weekly updates with news, resources and LOTS of data. We’ve got a lot of work to do reopening an economy that wasn’t equitable, even at its best, and we need your help. Our data collection and analysis activities require a lot of time and resources but they’re important to ensure we, as well as our business and government partners, are taking the right steps to move the Madison Region forward. Want to learn more about our work and how you can help?
Drop us a line! We’d love to connect.
For the latest reopening and recovery resources, be sure to check the MadREP website often.
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Data Spotlight: Madison Region COVID-19 Business Impact Survey Results (June 1-13, 2020 Observation Period)
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While businesses have demonstrated resiliency by introducing online services, it's important to remember the majority have not been able to offset their normal sales with online sales during this three-month period.
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Sector Highlight: Bioscience
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The ability of the Madison Region to attract talent is influenced by trends in the interstate mobility of workers. Mobility across state lines varies by levels of educational attainment. College graduates, who comprise a large share of potential bioscience talent, are more likely to make this type of move than individuals with lower levels of educational attainment. Many bioscience-related occupations in the Madison Region have the highest share of individuals who were born in another state among all occupational categories.
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MadREP & Regional Partners Launch Fourth Installment of Statewide COVID-19 Business Impact Survey
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The organizations, with support from UW-Oshkosh, are distributing the survey to businesses in their communities through Monday, July 20, 2020.
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The Madison Region Economic Partnership (MadREP) continues its partnership with the Wisconsin Economic Development Corporation (WEDC), Wisconsin’s eight other regional economic development organizations (EDOs) and UW-Oshkosh to create and distribute a data collection tool to businesses in the Region who are experiencing economic hardship due to the COVID-19 pandemic.
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The fourth observation period of a statewide survey, measuring the economic impact of the COVID-19 pandemic on Wisconsin businesses, is underway. The survey is open – for both past participants and new participants – until July 20.
According to MadREP President Paul Jadin, this next survey will also focus on how comfortable Wisconsin businesses are with reintroducing pre-pandemic practices to inform state and federal stakeholders on where support is still needed. “As Wisconsin continues to reopen, we need to understand how comfortable businesses feel with engaging in ‘normal’ activities, such as in-person meetings and travel. If businesses are not yet comfortable, we need to understand what factors need to be in place before they will take those next steps.”
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Four Things You Need to Know This Week
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County airport traffic down from last year
A recently released report from the Dane County Regional Airport stated 7,154 passengers boarded airplanes in May of this year compared to 102,892 passengers from May 2019. The decrease is due to COVID-19-related travel restrictions. Year-to-date ...
Read more
madisonregion.org
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SBIR Advance opens 16th round of funding for high-tech...
MADISON - The Center for Technology Commercialization (CTC) is offering a matching grant of up to $100,000 to provide additional assistance to companies in the process of completing a project in the federal Small Business Innovation Research...
Read more
wisconsinctc.org
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Self-Employed Adults Hit Harder by Pandemic
Self-employed workers in states where businesses are hardest hit by the COVID-19 pandemic are more likely to face economic hardships, according to new findings from the U.S. Census Bureau's experimental Household and Small Business Pulse surveys. ...
Read more
www.census.gov
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E.U. Formalizes Reopening, Barring Travelers From U.S.
The bloc will allow visitors from 15 countries, but the United States, Brazil and Russia were among the notable absences from the safe list. BRUSSELS - The European Union will open its borders to visitors from 15 countries as of Wednesday, but...
Read more
www.nytimes.com
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Reopening & Recovery Resources
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WEDC Reopening Guidelines
The future will require the gradual adoption of new business practices that reflect the evolving reality of the COVID-19...
Read more
wedc.org
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Return to Work
Businesses must show they are prepared to keep employees, customers and other guests safe.
Read more
www.youtube.com
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Greater Madison Chamber Slido
Join the Conversation! Please ask questions related to COVID-19 and business here.
Read more
app.sli.do
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