Local Initiatives Support Corporation Milwaukee
Press Release

Brew City Match Announces Second Round of Competition

Entrepreneurs and Commercial Property Owners are Invited to Apply

The Brew City Match collaborative announced today that the program is now accepting applications from small business owners and commercial property owners within targeted Milwaukee commercial corridors. After a successful first round of competition in the Historic King Drive, North Avenue/Fond du Lac, and Cesar Chavez Drive commercial corridors, the program is now expanding to the Near West Side.

“Brew City Match is a great way to encourage the energy and entrepreneurial spirit of small business people in Milwaukee, and redevelop vacant commercial storefronts in our Historic commercial corridors,” Mayor Tom Barrett said. “These businesses add economic activity and jobs in our neighborhoods, and we are optimistic about their future growth.”

On behalf of the collaborative, Wendy Baumann, WWBIC Executive Director commented, “We continue to be encouraged with our Brew City Match collaboration, and are excited to find the next entrepreneurs with great promise to start or expand their businesses with support from our collaborative team. Some businesses really need a plan to start – others need to advance their plan into a fulltime business and many are really in expansion mode – and all in our neighborhood corridors where business enterprises and jobs are needed and wanted”.

“Opportunity is knocking for Milwaukee’s entrepreneurs and commercial property owners,” said Charlie Corrigan, head of Midwest philanthropy for JPMorgan Chase. “By making this targeted capital available, Brew City Match is making critical, on-the-ground connections, fueling inspired visions, and building momentum toward local development that will have a lasting impact.”

Applications can be found online at www.brewcitymatch.com and are due on March 10, 2020.

A press event will be held on February 13th at 10:30am at Triciclo Peru, located at 3801 W Vliet St. Mayor Barrett will provide remarks. Members of the collaborative and winners from the first round of competition will be available for interviews.

If you would like to schedule an interview with a Brew City Match winner or collaboration partner please contact Beth Haskovec at LISC Milwaukee at (202) 487-9729. For a list of winners from the first round of competition visit https://brewcitymatch.com/winners.

BREW CITY MATCH is an innovative collaboration that will fuel commercial corridor revival and the resurgence of entrepreneurship in Milwaukee. The program was launched within the Historic King Drive, North Avenue & Fond du Lac, and Cesar Chavez Drive corridors. In the second round of competition, the collaboration is expanding into the Near West Side.

JP Morgan Chase & Co. awarded a $3.5 million PRO Neighborhoods grant to Brew City Match, an economic development effort led by Local Initiative Support Corporation (LISC), in partnership with the City of Milwaukee’s Department of City Development, Hmong Wisconsin Chamber of Commerce, Columbia Savings & Loan, MEDC, Wisconsin Women’s Business Initiative Corporation (WWBIC), and MKE United. Business Improvement District (BID) partners include the Cesar Chavez Drive BID, Historic King Drive BID, Near West Side BID 10, and North Avenue/Fond du Lac Marketplace BID #32. More information is available at www.brewcitymatch.com.

Local Initiatives Support Corporation (LISC) is the recognized leader in neighborhood development. Since 1980, LISC has marshaled over 10 billion dollars from investors, lenders and donors to foster the revitalization of more than urban neighborhoods and rural communities. Since 1995, LISC Milwaukee has invested $143 million in the central city by mobilizing resources for neighborhood revitalization and investing these funds through grants, loans and technical assistance to neighborhood-based community development efforts. More information is available at www.lisc.org or www.lisc.org/milwaukee. LISC Milwaukee serves as the project manager for Brew City Match.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

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