Business Assistance
The City’s Business Assistance Programs work to maintain the economic vitality of the City of La Crosse, create good-paying jobs, increase the tax base and assist in the retention and expansion of local businesses.
The City has been a major player in the local economy with its economic development programs and projects for numerous local companies over the years, including: the Trane Company, City Brewery, Dura-Tech, the People’s Food Co-op, Buzzard Billy’s, Coulee Region Business Center, International Bake Shoppe, and others. The City was instrumental in the creation of the Coulee Region Business Center and in creating four industrial parks in the City.
City Programs
Architectural & Engineering Analysis (A&E) Program
The A&E Program provides funding for building owners to assess a building’s structural and mechanical conditions and to highlight any building code issues. A Pro Forma is also required as part of the project. The applicant hires an architect of their choosing to conduct the analysis and the City pays 80% of the cost of the study.
Small Business Development Loan (SBDL) Program
The SBDL assists businesses which have both viable business expansion plans and a demonstrated financial need and can be used for the acquisition of equipment, real estate, rehabilitation of buildings and construction of new buildings. Job creation is a requirement along with benefits to low-moderate income households. Maximum loan limit is $200,000.
Upper Floor Renovation Loan (UFRL) Program
The UFRL encourages investment in the City’s Central Business District to develop underutilized upper floors. Funds may be used for interior renovations, elevators and other related enhancements to make these floors economically viable. Maximum loan limit is $50,000.