About the Wauwatosa Economic Development Corporation The Wauwatosa Economic Development Corporation (WEDC) began operating in 1990 as a non-profit 501(c)3 corporation. The public-private partnership was chartered to promote the economic vitality of Wauwatosa. Economic vitality includes a growing tax base, high quality employment, and a desirable regulatory and physical environment from which one can conduct business. WEDC works with businesses interested in locating or expanding within the City of Wauwatosa by assisting with available commercial space searches, providing advice regarding the City of Wauwatosa's permit and approval process, referencing available business planning assistance, and providing financial assistance when appropriate.
WEDC receives most of its funding from the City of Wauwatosa, with additional financial support provided through generous contributions made by Milwaukee-area businesses. WEDC also utilizes Federal Community Development Block Grants (CDBG) for specific projects. As a non-profit community-building organization, WEDC provides most basic advice and services free of charge.
WEDC is governed by a 15-member Board of Directors, which includes elected officials, residents, and Wauwatosa business leaders. These individuals freely contribute their professional experience for the betterment of Wauwatosa. They, and their employers, provide significant in-kind service to WEDC.
WEDC's current mission is to create demand for and enhance the value of the City of Wauwatosa by:
- Promoting Wauwatosa businesses where people want to work,
- Nurturing neighborhoods where families want to live,
- Supporting neighborhood schools to educate our children, and
- Redeveloping spaces for future generations.
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