wedc

WEDC takes heat ahead of emergency meeting

Vote fails on resolution for WEDC committee

Democratic lawmakers are calling the state's flagship job creation agency "a financial train wreck" and asked to delay a scheduled vote over the organization's budget.

WEDC spokesman resigns month after hire

Gillespie resigned Monday

The man hired last month to help the Wisconsin Economic Development Corp. with its public image has resigned a month after he was hired.

Democrats call for committee on WEDC

Emergency WEDC meeting set for Wednesday

Democratic lawmakers are calling for the creation of a special bipartisan committee to investigate ways that Gov. Scott Walker's flagship job creation agency can be improved.

Walker says WEDC board to meet to discuss audit

Group could meet as soon as Wednesday

Gov. Scott Walker says he hopes the board of his lead job-creation agency can meet as soon as Wednesday to discuss a scathing audit released last week that detailed numerous law violations and other problems.

Legislators 'running out of patience' with commerce agency

Governor spokesman defends agency, says he's 'confident' in its direction

The nonpartisan Legislative Audit Bureau has found numerous problems with how the semi-private agency that handles economic development for the state is operating.

WEDC head asks for $200 million in pension funds

Agency wants money to help startup businesses

The board that oversees Wisconsin's pension funds has rejected a request from the head of Gov. Scott Walker's semi-private economic development agency to invest $200 million to help startup businesses.

More problems at economic development agency cited

Report says problems largely stem from the agency's hasty creation

A new independent review of Wisconsin's quasi-private agency charged with leading economic development activities says considerable work needs to be done to fix operational problems that largely stem from the agency's hasty creation last year.

Block grant program moving out of WEDC

Department of Administration will administer program

A block grant program will no longer be administered by Wisconsin's semi-private economic development agency after concerns were raised by the federal government.

Audit finds faults with state job-creation agency

WEDC has been beset with problems

An independent audit said high staff turnover, poor record keeping and a lack of basic accounting controls all contributed to problems in the first year of Wisconsin's premiere job-creation agency.

Economic development agency not tracking loans

Semi-public agency was created by Walker, Republican-controlled Legislature

The semi-public agency charged with overseeing economic development efforts in Wisconsin did not track how much was owed on $8 million on overdue loans for more than a year.

Economic development agency not tracking loans

Semi-public agency was created by Walker, Republican-controlled Legislature

The semi-public agency charged with overseeing economic development efforts in Wisconsin did not track how much was owed on $8 million on overdue loans for more than a year.

WEDC head calls Democrats' letter disappointing

Democrats want public hearing on issues at WEDC

The head of Wisconsin's semi-private agency charged with creating jobs said Democrats appear to want to discredit the agency based on a letter they sent seeking a public hearing on recent problems.