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MDC's portfolio of loans to technology businesses continues to generate positive job growth for Madison and Dane County.
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Madison Development Corporation, with our national economy, has emerged from the recession. MDC is strong and has been an important factor in Madison and Dane County for alleviating the effects of the recession and assisting in a positive outcome. Our 2010 jobs report showed that the MDC small business borrowers created 150 new jobs. This compares to 110 in 2009. Of the new jobs, 81% were at high wages and 79% included employer sponsored health benefits.
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City of Madison Development Process Initiative |
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As the city undertakes its Development Review Process, MDC is in a pickle. The discussion sometimes has neighborhoods and developers on opposite sides and elected representatives and commission volunteers sometimes aligned, sometimes arbitrating, and ultimately in a position to decide.
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