MadREP Report | July 29, 2020

Take the survey! (Please)

Wisconsin's July COVID-19 Business Impact Survey closed last week and we're already preparing for the August observation period. If you have not participated in previous months, please  start the process  today! These continuing results help us understand your needs so we can inform our state and federal partners on how to best support you and your peers in the Wisconsin businesses community. While you're at it, please also complete the survey conducted by MadREP partner QTI. For the latest reopening and recovery resources, be sure to check the MadREP website often.

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Data Spotlight: Jefferson County leads the Region in Census Challenge

For every person not counted, your county stands to lose $18,000 per decade ($1,800 per year) in government funding.   Fill out your Census forms!

Sector Highlight: Information and Communication Technology (ICT) Despite the overall metro area concentration of computer and mathematical occupations, individuals working in these occupations do reside throughout the Madison Region. While census tracts with high shares of residents are largely located in and adjacent to Dane County, other areas with notable shares include Dodgeville, Monroe and Lake Mills. These areas can be attributed to the presence of several e-commerce related employers in these communities. Learn More

MadREP & ULGM Announce Virtual 2020 Madison Region Economic Development & Diversity Summit

The organizations will host the 7th annual event on September 29-30. The 7th annual Madison Region Economic Development and Diversity Summit, originally rescheduled for Thursday September 3, 2020, at Monona Terrace, will now be held as a virtual event on September 29-30, in light of the COVID-19 outbreak. We at the Madison Region Economic Partnership (MadREP), along with our partners at the Urban League of Greater Madison (ULGM), look forward to gathering (virtually) with you for an exceptional day of speakers, ideas and collaboration.

While the date and format has changed, the quality of our programming and discussions will continue to be exceptional. We look forward to bringing you news of exceptional speakers and logistical details over the coming weeks. In the meantime, please follow all public health recommendations and be well. Learn More

MadREP in the News

Wisconsin's smallest businesses faced biggest hurdles to ... Tens of thousands of Wisconsin businesses received help in recent months in the form of forgivable loans backed by the federal government, but some local experts said many of the businesses most vulnerable to the pandemic's economic impacts were... Read more madison.com

Four Things You Need to Know This Week

Home building in Wisconsin down 3.8% in first half of year The number of single-home building permits issued in Wisconsin during the first half of the year is down 3.8% compared to the first half of 2019, according to the Wisconsin Builders Association . There were 5,074 single-home building permits... Read more biztimes.com City Launches Kiva Small Business Loan Match Program |... Monday, July 20, 2020 - 6:59am As the COVID-19 crisis stretches on, there is no question that many small businesses are suffering. During this time of reduced hours, closures and decreased consumer spending, it is critical that the City of... Read more cityofmadison.com

As Congress Passes Extension For Loan Program, Wisconsin ... After Congress approved a last-minute extension of the federal Paycheck Protection Program, some of Wisconsin's small businesses say they anticipate needing more financial aid to deal with the economic effects of the COVID-19 pandemic. The... Read more www.wpr.org Most Families Receiving 2018 SNAP Benefits in 2018 Had Jobs About a Third of Families Who Received Supplemental Nutrition Assistance Program Benefits Had Two or More People Working. The majority of families that received benefits from the Supplemental Nutrition Assistance... Read more www.census.gov

Reopening & Recovery Resources

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

Return to Work Businesses must show they are prepared to keep employees, customers and other guests safe. Read more www.youtube.com

Greater Madison Chamber Slido Join the Conversation! Please ask questions related to COVID-19 and business here. Read more app.sli.do

MadREP Partner Spotlight

Support from partners like these make our work possible. Want to get involved? Email  jmoore@madisonregion.org

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