News

Lorem Ipsum Nulla vitae tortor non dui consectetur fringilla vitae sit amet augue. Duis ex turpis, placerat quis.

Featured Articles

Latest News Articles

Janesville hopes to keep businesses local as Innovation Center expands

Janesville hopes to keep businesses local as Innovation Center expands

The business incubator provides office, storage and manufacturing spaces at low rent costs, allowing small local businesses to get off the ground, Gale Price, Janesville economic development director, said. The center was able to provide low-cost space due to city support, but now has enough tenants to sustain itself independently.

Janesville Innovation Center seeks to solve space crunch

Janesville Innovation Center seeks to solve space crunch

Goepfert said Simply Solutions has distribution deals unfolding with at least one national grocery store conglomerate. The deals would land the company’s patented line of all-natural LipLoob lip balm and other personal lubricants on the shelves of thousands of chain retail stores across the country.

City to stop subsidizing Janesville Innovation Center

City to stop subsidizing Janesville Innovation Center

Tax increment financing District 22 has helped fund the Janesville Innovation Center since it was created in January 2013. The city has poured an estimated $1 million into the center, about $200,000 of which has been for operations, said Gale Price, city economic development director and Innovation Center board member.

JIC Announces Tenant Loan Fund

JIC Announces Tenant Loan Fund

As the result of a grant received by the Janesville Innovation Center (JIC) from the George Parker Foundation, the JIC has established a Tenant Loan Fund. The purpose of the JIC Tenant Loan Fund is to provide working capital to JIC tenants for projects and investments that accelerate revenue growth, increase profitability and/or enhance the ability to secure additional capital. Loan amounts will range from $250 – $750 per project, with corresponding terms that are event or milestone based.