Monona Terrace Community and Convention Center
Madison, WI ▪ April 14-15, 2010
It’s the Economy Stupid!
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- Keynote Speakers
- Rogier V. Kamerling, PhD. (Economist, M&I Capital Markets)
- Scott Walker (Milwaukee County Executive; Candidate for Wisconsin Governorship)
- General Sessions
- Planes, Trains and Automobiles – How Transportation Will Effect the Future of Retail Development
- The Newlywed Game
- Moving Ahead in Today’s Economy – How Industry Leaders are Adapting to Succeed in the New Economic Reality
- Roundtable Discussions
Three 15-minute sessions, repeating to allow participation in multiple discussions. See the program for a complete list of topics.Link is below
http://www.icsc.org/srch/mt/descs/2010WI/2010WI.pdf
- Deal Making
Your chance to network and conduct business with retailers, brokers, developers, owners, lenders, suppliers and city, municipality and economic development agencies from across the region. See the program for a Deal Making Table/Booth Request form.
- Plus Member-Sponsored Reception and Next Gen Social Hour
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Resource
The National Trust for Historic Preservation – the parent organization of the Wisconsin and National Main Street programs – provides links to a number of funding resources for property restoration and nonprofits organization, as well as a guide to federal grants. Deadlines fall throughout the year so check their website for current opportunities. More Information…
Opportunity
Press Release: February 18
Finally some reprieve in the financial markets!
The SBA program is providing liquidity for small businesses through new products, particularly refinancing and differed payment loans.
90% Guarantee: The stimulus bill allows SBA to raise its loan guarantee to as much as 90% for some loans. At present, SBA can guarantee loans up to 85% on loans up to $150,000 and up to 75% on loans greater than $150,000. (The 50% guarantee on SBA Express loans would remain unchanged.) Increasing the SBA guarantee percentage will encourage lenders to extend more capital to small businesses by increasing the share covered by an SBA guarantee.
Business Stabilization Loans: The stimulus bill creates a new SBA loan program to provide deferred-payment loans of up to $35,000 to viable small businesses to make payments on an existing, qualifying loan for up to six months. These loans will be 100% guaranteed by SBA. Repayment would not have to begin until 12 months after the loan is fully disbursed. The bill provides $255 million for this new program. These loans will help ensure that small businesses have time to re-focus their business plans in order to succeed in the long run.
Refinancing: The stimulus bill also gives SBA the power to use the 504 Certified Development Company program to refinance existing loans for fixed assets, providing fresh support for small business expansion. This change will help business owners expand their current development projects and create jobs in their communities.
Read more at: www.sba.gov/news
