2011 Wisconsin Code
Chapter 560. Department of commerce.
560.167 Wisconsin trade project program.

560.167

560.167 Wisconsin trade project program.

560.167(1)

(1) In this section:

560.167(1)(a)

(a) "Eligible business" means a business operating in this state that manufactures a product or performs a service, or both, with a potential to be exported and that, together with all of its affiliates and subsidiaries, had gross annual sales of $25,000,000 or less in the calendar year preceding the year in which it applies for a reimbursement under this section.

560.167(1)(b)

(b) "Matchmaker trade delegation event" means a trade event that is planned by the U.S. department of commerce and that has prearranged meetings between new-to-market or new-to-export eligible businesses and prospective foreign representatives and distributors.

560.167(1)(c)

(c) "Trade show" means a trade event held in a country other than the United States that brings prospective foreign buyers to a central location and that is certified or coordinated by the U.S. department of commerce or the department.

560.167(1)(d)

(d) "United States trade show" means a trade event held in the United States that brings prospective foreign buyers to a central location and that is certified or coordinated by the U.S. department of commerce or the department.

560.167(2)

(2) Subject to subs. (2m) and (5), the department may make reimbursements totaling no more than $100,000 in a fiscal year from the appropriations under s. 20.143 (1) (c) and (ie) to eligible businesses for any of the following:

560.167(2)(a)

(a) Fees for participation in a trade show, U.S. trade show, or matchmaker trade delegation event.

560.167(2)(b)

(b) Costs associated with shipping displays, sample products, catalogs, or advertising material to a trade show, U.S. trade show, or matchmaker trade delegation event.

560.167(2)(c)

(c) Costs incurred at a trade show, U.S. trade show, or matchmaker trade delegation event for utilities, booth construction, or necessary modifications or repairs.

560.167(2)(d)

(d) Costs associated with foreign language translation of brochures or product information or with the use of translation services at a trade show, U.S. trade show, or matchmaker trade delegation event.

560.167(2m)

(2m) The department may reimburse the fees and costs under sub. (2) that are related to participation in a U.S. trade show only if the eligible business seeking reimbursement for its participation has developed a high-technology product with worldwide application.

560.167(3)

(3) An eligible business seeking reimbursement under this section shall submit to the department an application containing all of the following:

560.167(3)(a)

(a) An export development plan and a description of how the activities for which reimbursement is sought will benefit the applicant's ability to export its product or service.

560.167(3)(b)

(b) An itemized budget for expenses expected to be incurred for all of the activities for which reimbursement is sought.

560.167(3)(c)

(c) A description of the proposed use of the reimbursement.

560.167(3)(d)

(d) Assurance that at least 50% of the manufactured value of the product or of the performance value of the service will be produced in this state.

560.167(4)

(4)

560.167(4)(a)

(a) The department may approve an eligible business for reimbursement after considering all of the following:

560.167(4)(a)1.

1. The extent to which the business' export development plan demonstrates the potential of the product or service to be exported in a particular foreign market.

560.167(4)(a)2.

2. The extent to which the business' proposed reimbursable activities relate to the potential success of the product or service to be exported.

560.167(4)(b)

(b) The department shall give priority for reimbursements under this section to eligible businesses participating in the department's export mentoring program.

560.167(5)

(5) The department may not do any of the following:

560.167(5)(a)

(a) Reimburse an eligible business more than $5,000 in a 12-month period.

560.167(5)(b)

(b) Reimburse an eligible business more than $5,000 for participation in a trade show, U.S. trade show, or matchmaker trade delegation event.

560.167(5)(c)

(c) Reimburse an eligible business for participating more than one time in the same trade show, U.S. trade show, or matchmaker trade delegation event held at different times or in different locations.

560.167(5)(d)

(d) Reimburse an eligible business more than $15,000 over the life of the program.

560.167(6)

(6) An eligible business that is approved for a reimbursement under sub. (4) shall provide to the department, within 90 days after the trade show, U.S. trade show, or matchmaker trade delegation event for which the reimbursement is sought, documentation detailing the costs for which the reimbursement is sought.

560.167 - ANNOT.

History: 1995 a. 27; 2001 a. 16.