Business Incentives

The City of Cuba City administers several programs to assist new and expanding businesses.

• Tax Increment Financing (TIF) is the principle economic tool, approved by the State of Wisconsin, that communities use to stimulate development/redevelopment. The City of Cuba City has established two Tax Incremental districts to encourage growth and improve infrastructure throughout Cuba City. See below for our recently updated TID maps.

In addition, there are many other sources of financing and incentives that can assist a company in their location or expansion in Cuba City.

• The Grant County Economic Development Corporation (GCEDC) and Southwestern Wisconsin Regional Planning Commission (SWRPC) administer their own revolving loan funds to provide new and expanding businesses with a source of gap financing.
  • Information on the GCEDC program can be obtained here. 
  • Information on the SWRPC program can be obtained here.
     
• WPPI Energy, through its Shared Savings Program (SSP), offers up to $50,000 in low-interest loans to businesses looking to make energy-efficient improvements to their buildings. Information on the SSP can be obtained here.
   
• Private Investor Funding
   
• Wisconsin Business Advantages
   
• The Wisconsin Economic Development Corporation is the state’s lead economic development agency, working with more than 600 regional and local business development organizations to create customized solutions supporting economic growth. These solutions come in the form of capital investment, community development and partnership support.