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  • 1. NADO TRAINING CONFERENCE AUGUST 26, 2013 SAN FRANCISCO, CA “Broadening Economic Development”
  • 2. NORTHWEST REGIONAL PLANNING COMMISSION Ashland, Bayfield, Burnett, Douglas, Iron, Price, Rusk, Sawyer, Taylor, Washburn, and Tribal Nations of: Bad River, Lac Courte Oreilles, Lac Du Flambeau, Red Cliff, St. Croix Population: 181,000 Size: 10,615 sq. miles Created: 1959
  • 3. NWRPC = UNIQUE Venture Fund – Wisconsin Rural Enterprise Fund (WREF) Enterprise Center Network – Six Business Incubators located throughout the Region totaling 180,000 square feet Business Start-up & Sold – Botanic Oil Innovations, Inc. New Business Start-up – Wolf Wood, Inc.
  • 4. WREF, LLC • Eight investor members have invested $2,125,000 into fund • WREF has invested $2,077,880 in 13 different companies • Return on investments has been $473,386 as of 7/31/13
  • 5. ENTERPRISE CENTER NETWORK • 18 current company tenants • 21 graduated companies
  • 6. “AND WE START AND MANAGE OUR OWN” Business start-up and sold: • Botanic Oil Innovations, Inc. • Dietary Supplements – all natural “cold- pressed” oils • Bulk natural ingredients – sold to other companies • Pharmaceutical • Nutraceutical • Cosmetics • Cancer Treatment Research
  • 7. “NEW BUSINESS START-UP” New business started June, 2011 • Wolf Wood, Inc. • Research, development and manufacture of thermally modified wood products • European technology • Kiln purchased from Denmark Company, manufactured in Spain • Characteristics of Thermally Modified Wood • Dimensionally stable • Water repellent – will not rot • Insect resistant • Retains surface color throughout its thickness • Totally natural – no chemicals used in process
  • 8. WOLF WOOD, INC. • Research (develop recipes) for low-value, underutilized wood species found in Northern Wisconsin (soft maple, basswood, etc.) • Develop thermally-modified wood components for wood products industries such as window, door, flooring, utensils, outdoor furniture, etc. • Partnership with University of MN-Duluth – Natural Resource Research Institute Wisconsin Oven-roasted Lignocelluslosic Fiber
  • 9. WISCONSIN BUSINESS INNOVATION CORPORATION MYRON SCHUSTER mschuster@nwrpc.com www.nwrpc.com
  • 10. GO PACK GO!