Milwaukee, Wisconsin: Manufacturing, Food, and Startup Opportunities - Beyond Borders

Milwaukee, Wisconsin: Manufacturing, Food, and Startup Opportunities

Discover the benefits of doing business in Milwaukee, from its thriving manufacturing sector to exciting food and startup opportunities. Read more on our blog!

Post Author

The Remitly editorial team is a global group of writers and editors who are passionate about helping people thrive across borders.

Key Highlights

  • Milwaukee, Wisconsin, has some good startup opportunities, especially in manufacturing and food. The city has a lot to offer small business owners in these areas.

  • There is a strong support system in Milwaukee. You can get help through financial incentives and mentorship. This helps new business owners get started.

  • When you start a small business here, you will need to follow some steps. Some steps are picking a business structure, registering your business, and knowing the local regulations.

  • Milwaukee gives people a high quality of life. It also has a pro-business environment. This makes many want to become business owners in the city.

  • You will find support from networks like the Metropolitan Milwaukee Association of Commerce and the Small Business Development Centers. They help people get started and keep going.

  • When you work in a field like food or manufacturing, there are some special rules to follow. This includes getting the right permits as part of the process.

Introduction

Welcome to Milwaukee, Wisconsin. This city has a lot to offer and a long history in industry. It is known for more than the pretty lake and exciting culture. People who want to start a business will find a lively place here.

You may like Milwaukee for its old factories, its food, or the new businesses popping up every year. The city gives you the support you need. The quality of life is good, and people are open to new ideas and new people. If you have a dream to start a business, Milwaukee is a great place to do it.

Why Milwaukee is a Hub for Manufacturing, Food Industries, and Startups

The Milwaukee region is a top place for business owners in many industries. The city is known for strong manufacturing, food companies, and new startups. These all grow from a good economy and a helpful local community. Milwaukee mixes old factory power with new ideas, making it a good spot for businesses to start and grow.

There is a high quality of life in Milwaukee. The city also has a great attitude toward business. Groups like the Metropolitan Milwaukee Association of Commerce and other local groups offer lots of business help. In Milwaukee, business owners have the support they need to do well. In this piece, I will look at the economy and the top industries that make Milwaukee a smart pick.

Economic Landscape and Historical Business Growth

Milwaukee has a strong economy because of how it grew over the years. The city is known for its past in manufacturing, and that still shapes how business works here. That history helped build a good workforce and strong support for many types of business activities.

No matter what type of business you want to start, you will find a group that cares about hard work and new ideas. Many parts of the city, from places with lots of industry to downtown, got big upgrades. This means that Milwaukee is a good place for new entrepreneurs.

To help you move forward, you can look at the Business Planning Guide from the Metropolitan Milwaukee Association of Commerce. This guide shows you how to take your first steps, like how to register your business in Milwaukee and start your business the right way.

Overview of Key Sectors Fueling Milwaukee’s Economy

The Milwaukee region has a mix of industries that help its economy grow and stay strong. Manufacturing is still important here. But there are now many businesses in food and professional services, too. This mix gives a steady and lively place for your new business location.

If you choose Milwaukee, you join a group of businesses that do well. Different industries work together here, which gives you a good chance to grow and work with others.

Here are some of the main industries in the Milwaukee region:

  • Advanced Manufacturing: This industry has a long history and keeps finding new ways to work.

  • Food and Beverage: The area has big producers and small craft shops.

  • Water Technology: Milwaukee is well known around the world for water research and business.

  • Professional and Financial Services: This group is getting bigger and helps all kinds of businesses in the area.

Steps to Starting a Business in Milwaukee, Wisconsin

Starting your business in Milwaukee can be simple if you follow the right steps. First, take some time to make a solid plan. Think about your business idea and the type of business structure that will work best for you. For example, you can pick a sole proprietorship, an LLC, or another kind of company that meets your needs and goals.

It is important to know about local regulations and what the State of Wisconsin asks for. This will help you follow the law and keep your business safe from problems. The next parts will show you how to research, plan, register, and get the right licenses. These steps will help new business owners get started the right way in Wisconsin and Milwaukee.

Research, Planning, and Choosing Your Business Structure

The first thing you need to do on your business journey is good research and planning. This step is very important for setting what you want to achieve with your business and knowing who will buy from you. A strong business plan acts like your guide, showing you what steps to take and making it easier to get money for your company.

As you plan, you should pick the business structure that works best for you. What you choose changes how you pay taxes, your personal risks, and what rules you need to follow. For a lot of small business owners, a sole proprietorship or an LLC is common, because they are simple and offer some liability protection.

Think about these options:

  • Sole Proprietorship: Easy to start, but there is no liability protection.

  • Limited Liability Company (LLC): Gives you liability protection. It keeps your own money and things safe from business debts.

  • Corporation: Harder to set up, but gives more liability protection. It is often needed if you want money from investors. This one needs you to file articles of incorporation.

Registering Your Business, Licenses, and Required Permits

Once you’ve chosen a business structure, you need to officially register your business. This process includes registering your business name and, if you plan to hire employees, obtaining a Federal Employer Identification Number (EIN) from the IRS. The EIN is like a Social Security number for your business.

Depending on your business activities and location, you will likely need a business license to operate legally in Milwaukee. The city requires an Occupancy Permit for new businesses, and it’s a good idea to contact the economic development manager before you even sign a lease. This ensures your chosen business location is suitable for your operations.

You’ll need several pieces of information and documents for this process. Here’s a quick look at what’s typically required:

Item

Description

Business Name

The official, registered name of your company.

Business Structure

Your chosen legal entity (e.g., LLC, Sole Proprietorship).

Federal Employer Identification Number (EIN)

Required if you have employees or are a corporation/partnership.

Personal Identification

Your driver’s license or another form of government-issued ID.

Business Location

The physical address where your business will operate.

Navigating Manufacturing and Food Industry Opportunities

Milwaukee has a deep past in industry, and this helps a lot if you want to start a new business in making things or food. If your type of business fits in these groups, you will find the city is ready to help. There are strong supply chains in place and many skilled people are here for work.

The city works hard to help new businesses grow by offering tools and bonuses, made just for these main industries. It does not matter if you are a high-tech maker or starting out in the food world. Milwaukee gives you what you need to begin. Let’s see what chances and help a new business can get in these good fields.

Major Manufacturing Opportunities and Incentives in Milwaukee

The manufacturing sector in Milwaukee is doing well. There are more chances to grow now way beyond old ways. The state of Wisconsin helps make this happen by offering strong support. This makes it a good place for both big companies and new startups.

The Wisconsin Economic Development Corporation (WEDC) plays a big role in this. It brings programs to help your business grow. One example is the Manufacturing & Agriculture Tax Credit. This can lower your business’s tax rate a lot, which leaves more money for you to use in your company. If you need help with local regulations, people from both state and local groups are ready to guide you.

Here are some important incentives for manufacturing businesses:

  • Manufacturing & Agriculture Tax Credit: It can bring your business’s corporate tax rate down to as low as 0.4 percent.

  • Judicious Tort Reforms: It makes civil liability laws more fair and easy to understand.

  • Site Selection Assistance: M7 and local groups help you find the best land or building for your needs.

  • Workforce Development: You can get skilled workers and use good training programs.

Milwaukee’s Food Scene: From Production to Culinary Startups

Milwaukee is known for its great food. There are many chances to work in this area. People in the city do everything, from cooking a lot of food for big companies to starting small food businesses. Milwaukee has long been good at making beer and other foods. Because of this, it helps people who want to work with food.

If you want to open a restaurant, food truck, or a place that makes food, you need to follow some rules. You have to get the right health permits and professional licenses. These help you follow all the laws in Milwaukee and in the state. The place you pick for your business must follow zoning rules and also meet health rules.

Key steps for food-related businesses include:

  • Securing Health Permits: This is a must for any business that handles food.

  • Obtaining Professional Licenses: Some jobs, like food managers, need these.

  • Passing Inspections: Your place has to meet rules for health and safety.

  • Understanding Zoning: Make sure the business location you choose is allowed for your food business.

Keywords used: professional licenses, health permits, business location, milwaukee

Incentives and Support Services for New Businesses

If you are a new business owner, the right money help and advice can really boost your start. In Milwaukee, there are many ways to get this support. You can apply for grants, loans, and also get tax breaks to help you get your business up and running. The Wisconsin Economic Development Corporation (WEDC) and some local groups are here to help businesses do well.

You will also get a lot of help with making your business plan and finding a mentor. These services are here to lead you through hard parts of starting and running a business. The sections below will show you details about the financial help and planning tools waiting for you.

Local Grants, Loans, and Tax Incentives for Entrepreneurs

Business owners in the Milwaukee region can get different types of financial help. The city and the state both give grants, loans with low interest, and tax breaks. These tools can help lower money stress for business owners and get people to put money into Milwaukee and Wisconsin.

There are groups, like the Wisconsin Women’s Business Initiative Corporation (WWBIC), that give business loans up to $350,000. These loans are for new businesses and older ones, too. Kiva is another choice. It offers up to $15,000 in crowdfunded loans with 0% interest. This helps more people get the money they need.

Here are some ways to get financial support:

  • City of South Milwaukee Grants: These are for new businesses, for fixing properties, or putting up signs in the area.

  • WWBIC Business Loans: Gives out loans as an SBA lender.

  • Kiva Crowdfunded Loans: Offers loans for U.S. business owners at 0% interest.

  • SBA 504 Loans: These loans work for things like buying real estate or equipment and have rates that stay low and the same.

Business Planning and Mentorship Resources in Milwaukee

A strong business plan and the help of someone with experience can make a big difference for any small business. In Milwaukee, there are many resources that you can use to shape your plans and handle the day-to-day work of entrepreneurship. Often, these resources do not cost anything.

Groups like the Metropolitan Milwaukee Association of Commerce (MMAC) give guides and support for all types of business activities. BIZStarts also helps by partnering you with a coach or mentor who will help you use the right resources that could grow your small business. This kind of guidance helps people plan better, stay on the right path, and miss common problems.

You can look at these places for help with your business plan and for mentorship:

  • Metropolitan Milwaukee Association of Commerce (MMAC): Gives you a Business Planning Guide that is easy to use.

  • BIZStarts: Shares both coaching and one-on-one support, plus helps you connect with the tools you need.

  • Small Business Development Center (SBDC) at UW-Milwaukee: Offers consulting that is free and private.

  • Wisconsin Bar Association: Works with Marquette Law School to provide no-cost legal consulting for small businesses.

Accessing Business Resources and Support Networks

Milwaukee is a good place for new businesses to grow because people here like to work together. There is a big network of groups and the help you need for your business activities. These resources are there to help you from the first ideas all the way up to growing your company. No matter what stage you are at, you will find support.

If you need help from a professional services company, or you want to meet others who start businesses, Milwaukee makes it easy. There are so many ways to connect. These resources are built to help you set up a solid base for your business. Let’s look at some of the top development centers, incubators, and places to meet others that Milwaukee offers.

Small Business Development Centers and Incubators

For people who want help to start or grow their small business, Milwaukee’s Small Business Development Centers (SBDCs) and incubators offer great support. These groups focus on helping small business in many ways, like giving advice and technical help.

The SBDC at the University of Wisconsin-Milwaukee is a good example of a professional service firm. This center gives free, private advice and helps you learn more about running a business. The program is backed by the U.S. Small Business Administration, so you know the advice is good. These centers can help you at any step as you build your small business in Milwaukee, Wisconsin.

Here are some support centers and incubators you can use in Milwaukee:

  • UW-Milwaukee SBDC: Gives free advice and helps owners learn about business.

  • BIZStarts: An incubator with coaching and mentoring to help you.

  • WWBIC: Offers training for business as well as loans.

  • Local Chambers of Commerce: They can help you meet other people and find local resources.

Networking Events and Collaborative Spaces for Startups

Building connections is very important for startups, and Milwaukee gives you many chances to meet new people for your business. When you spend time with other professionals, you can find partners, gain new clients, and get advice from those who have experience. The city has many networking events. You can go to these events to meet other entrepreneurs, business leaders, and people who work in your industry.

Besides events, there are more ways to connect. Many collaborative spaces and coworking offices in Milwaukee give startups a business location to work and get together. These places help build a strong sense of community. If you are running your startup mostly through online operations, you can use these shared spaces when you need a professional work setting.

Check out these options for networking and coming together with others:

  • South Shore Chamber of Commerce: Works with South Milwaukee, Cudahy, and St. Francis to help local businesses.

  • Industry-Specific Meetups: Go to gatherings that match your business type.

  • Coworking Spaces: These give flexible office choices and also help you join a group of other workers.

  • MMAC Events: The Metropolitan Milwaukee Association of Commerce holds regular networking gatherings.

Expanding or Relocating Your Business to Milwaukee

If you want to grow your business or move it somewhere new, Milwaukee is a good place to look. The area gives you an easy process and welcomes new companies. The Milwaukee 7 (M7) regional economic development partnership can help you each step of the way. M7 makes things simple, from when you first ask about moving to when you open your new office or plant.

If you need help picking a site or want to meet local leaders, you will find support. M7 works with the Metropolitan Milwaukee Association of Commerce and other groups. They join with people from the city and state to make sure your move goes well. The next parts will talk about where to set up, the costs to expect, and finding enough workers.

Site Selection, Zoning, and Costs

Finding the right business location is a critical step in your expansion or relocation plans. The Milwaukee region has a large inventory of available buildings and land to suit any operation. The M7 team can help you with site selection by compiling a comprehensive list of options that meet your real estate specifications.

Navigating local zoning laws and understanding the costs associated with your new location are also key. Local economic development managers can provide guidance on zoning requirements before you commit to a property. The state also offers a tool to compare the cost of doing business in Wisconsin with other states.

Here’s a look at the factors to consider during site selection:

Factor

Description

Site Selection Assistance

M7 provides customized real estate listings.

Zoning Regulations

Local city officials can clarify requirements for your chosen property.

Business Costs

Wisconsin offers a pro-business environment with tax benefits.

Real Estate Agents

M7 can connect you with local experts to facilitate your search.

Workforce Availability and Training Programs

A skilled and dedicated group of workers is one of Milwaukee’s biggest strengths. People in the area are known for working hard. The strong colleges and technical schools in Milwaukee help bring in new talent for many types of jobs and professional services.

The state of Wisconsin works closely with companies to help them find the right workers. Local workforce boards and schools team up to build training programs made just for your needs. This way, your team can learn the skills they need to do well on the job. This way of working together helps businesses find the workers who can help them grow.

Key aspects of Milwaukee’s workforce include:

  • Talent Pipeline: There are strong links between universities, technical colleges, and different industries.

  • Customized Training: You can get programs that are built for your own needs.

  • Workforce Connections: M7 helps you connect with talent groups and workforce boards.

  • Skilled Labor: There is a big pool of skilled workers, with a focus on manufacturing and skilled trades.

Conclusion

Milwaukee is a busy place for the manufacturing, food, and startup world. The city has a lot of history and a strong business community. This mix of old and new is good for people who want to start or grow a business here. You can use grants, go to networking events, and find people who can help guide you. These things will make it easier to get your business going and take part in the fast-growing parts of Milwaukee. If you say yes to all that Milwaukee gives, you can grow your work and yourself. If you want to learn more about what Milwaukee can do for you, reach out for a free talk and begin your business journey today!

Frequently Asked Questions

What permits and licenses are required to start a business in Milwaukee?

To start a business in Milwaukee, you will usually need an Occupancy Permit for your place. Your business may also need some professional licenses or health permits, based on your industry. It is important to check the specific licensing rules for your type of business. Make sure you have all the necessary licenses so you can do business in the right way.

Are there any incentives for new startups in Milwaukee, Wisconsin?

Yes, Milwaukee has many good things for new businesses. There are local grants, tax credits, and business loans you can get from WWBIC and Kiva. The Wisconsin Economic Development Corporation gives big tax breaks too. This helps a lot, especially for companies that do manufacturing. Because of this, Milwaukee is a nice place for new businesses to get started.

Where can entrepreneurs find local business support and resources?

Entrepreneurs in the Milwaukee region have access to a lot of help for their small business. The Small Business Development Center at UW-Milwaukee gives free consulting. Groups like BIZStarts and the Metropolitan Milwaukee Association of Commerce also give advice, guides, and help for your small business activities. In Milwaukee, these groups make it easy for people to get support when they start or grow a business.