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CONTACT: Renee Waterman, (920) 424-2364
FOR IMMEDIATE RELEASE/Sept. 28 2000
Regional Economic Summit Oct. 10 in Appleton

APPLETON--Fox Valley Regional Economic Summit -- to open a dialogue about the economic future of Wisconsin will be Oct. 10 in Appleton.

Leaders from government, business, labor and education will seek to identify opportunities and strategies for strengthening Wisconsin and the Fox Valley’s place in the “new economy.”

The meeting will be from 7 to 10:30 a.m. at Aid Association for Lutherans, 4321 N. Ballard Road, Appleton. It is open to the public.

Kathi Seifert, executive vice president at Kimberly-Clark Corp.; John Gilbert, chairman, president and CEO of Aid Association for Lutherans; and the University of Wisconsin Oshkosh are organizing the event locally.

It is one of five regional sessions scheduled in preparation for the Wisconsin Economic Summit Nov. 29-Dec. 1 at the Midwest Express Center in Milwaukee. The other regions include Milwaukee, Madison, the Chippewa Valley and North/Central Wisconsin.

For more information or to register to attend the Fox Valley Summit, call the UW Oshkosh Center for Community Partnerships at 1-800-232-8939, or go to the regional summit Web site at www.uwopartners.org/summit.

The globalization of markets, the influence and penetration of technology, projected trends in worker availability and significant shifts in the growth and composition of income are significantly changing Wisconsin’s economic landscape.

Despite nearly a decade of the lowest unemployment rates in the nation, the per-capita income in Wisconsin of $25,079 remains below the national average of $26,412. If the per-capita income of Wisconsinites simply equaled the national per-capita income, there would be $7 billion more buying power in the state.

Wisconsin also falls short on venture capital needed to spawn cutting-edge firms. Access to venture capital was limited to $14 per capita in 1998, $58 below the national average and $113 below Minnesota, according to a study conducted by Competitive Wisconsin.

How can the state balance its strengths in manufacturing and agriculture with new knowledge-based, global and entrepreneurial opportunities? The summit discussion in Appleton will attempt to answer that question and address the need for a strategic vision for capitalizing on the opportunities of the new economy.

Discussion topics include:

  • Building quality jobs
  • Enlarging venture capital investment.
  • Improving the regulatory climate
  • Educating the workforce
  • Improving Wisconsin’s fiscal future and entrepreneurial climate
  • Enhancing key infrastructures
  • Building a distinctive brand/image to position Wisconsin as a technology and fast-growing jobs leader.

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