Wisconsin
Northwest Side Community Development Corporation
Type of Grant: CTC
Amount of Grant: $363,634
Non-Federal Support: $363,634
Date of Grant: October 2001-September 2004
Contact: Howard Snyder
Phone: (414) 438-8300
Email: hsnyder@nwscdc.org
With the support of a TOP grant, the Northwest Side Community Development Corporation and University of Wisconsin-Milwaukee's Center for Technology Innovation are working together to increase the ability of minority-owned businesses in Milwaukee's Northwest side to compete in the global marketplace. According to Howard Snyder, Executive Director of the Northwest Side CDC, "the Internet has opened up the marketplace worldwide, and small, predominantly minority-owned businesses are falling victim to unforeseen technologically advanced global competition".
The project will help area businesses by upgrading computer systems and training, providing bundled access to the Internet and web technology, and strengthening and building business relationships via an online cooperative marketplace. The online marketplace will reduce high operating costs by facilitating purchasing through a vendor/purchaser network that is more efficient and competitive, and will increase sales by enabling businesses to reach consumers globally.