Wisconsin Commerce Services Agreement is a contractual agreement established between the state government of Wisconsin and businesses, outlining the terms and conditions for the provision of commerce-related services. This agreement serves as a vital tool to promote economic development, attract investments, and foster a business-friendly environment in the state. Under the Wisconsin Commerce Services Agreement, various types of agreements can be formed, catering to the diverse needs of businesses operating within the state. These types include: 1. Business Development Agreement: This type of agreement focuses on providing support and assistance to businesses in their developmental stages. It may include provisions for mentorship programs, access to state resources, expert guidance, and financial incentives to foster growth and expansion. 2. Trade and Export Agreement: Wisconsin Commerce Services also extend support to businesses engaged in international trade and export activities. These agreements facilitate access to global markets by providing relevant market research, networking opportunities, assistance in complying with international trade regulations, and guidance on export financing. 3. Workforce Development Agreement: To address the skill requirements of businesses, this type of agreement focuses on workforce development initiatives. It may include partnerships between the state government, businesses, and educational institutions to provide training programs, apprenticeships, and grants to equip the workforce with the necessary skills. 4. Innovation and Technology Agreement: This agreement aims to foster innovation and technological advancements within businesses. It promotes the collaboration between the state's research and development (R&D) institutions, businesses, and government agencies to boost innovation, foster technological advancements, and ensure Wisconsin remains at the forefront of cutting-edge industries. 5. Investment Agreement: This type of agreement is designed to attract new investments into the state. It provides information on investment opportunities, tax incentives, and regulatory assistance to potential investors. The agreement also offers support in navigating the legal and administrative procedures involved in establishing businesses in Wisconsin. In summary, the Wisconsin Commerce Services Agreement is a comprehensive framework that outlines the partnership between the state government and businesses to promote economic growth and development. It encompasses various types of agreements tailored to address the unique needs and goals of businesses, including business development, trade and export, workforce development, innovation and technology, as well as investment agreements.