41.6041.60 Arts incubator grants and loans. 41.60(1)(a)(a) “Arts incubator” means a facility that provides nonprofit arts organizations or individual professional artists with shared support services and with office, storage, studio, gallery, performance or other work or living space at a lower rent than the market rate in the community. 41.60(1)(b)(b) “Nonprofit arts organization” means a corporation organized under ch. 181, that is a nonprofit corporation as defined in s. 181.0103 (17), for the purpose of furthering the arts. 41.60(1)(c)(c) “Nonprofit business development organization” means a housing and community development authority created under s. 66.1335 (1), redevelopment corporation, as defined in s. 66.1301 (3) (s), redevelopment authority created under s. 66.1333 (3), community development corporation, as defined in s. 234.94 (2), or any nonprofit organization whose primary purpose is to promote the economic development of a particular area or region in the state. 41.60(2)(2) The board may award a grant not exceeding $5,000 to a nonprofit business development organization or a nonprofit arts organization to fund a feasibility study of the need for and the initial design of an arts incubator in a particular region of this state. 41.60(3)(3) The board may award a grant or loan not exceeding $50,000 to a nonprofit business development organization or nonprofit arts organization to fund the initial development and operation of a proposed arts incubator, including equipment purchases, building acquisition and rehabilitation and staff costs, after considering all of the following: 41.60(3)(a)(a) The qualifications of the proposed arts incubator’s management and staff. 41.60(3)(b)(b) The availability and cost of office, storage, studio, gallery, performance or other work or living space in the community. 41.60(3)(c)(c) The support and involvement of local businesses, the local financial community, local governmental units and the local arts community. 41.60(3)(d)(d) The cost-effectiveness of the arts incubator. 41.60(3)(e)(e) The effect of the arts incubator on the local economy and the community in which it is located. 41.60(3)(f)(f) The financial viability of the proposed arts incubator. 41.60(4)(4) At the request of the board, the department of tourism shall assist the board in evaluating proposed projects under this section. 41.6241.62 Wisconsin regranting program. 41.62(1)(b)(b) “Municipality” means any city, village, town, county or federally recognized American Indian tribe or band in this state. 41.62(2)(2) Subject to sub. (3), the board shall award grants under the Wisconsin regranting program to local arts agencies and municipalities. Grants shall be awarded from the appropriations under s. 20.380 (3) (f) and (j). 41.62(3)(3) No grant may be distributed under sub. (2) unless the local arts agency or municipality makes a matching fund contribution that is equal to the amount of the grant awarded under this section. Private funds and in-kind contributions may be applied to meet the requirement of this subsection. 41.62(4)(4) The board shall promulgate rules to implement and administer this section. 41.62 HistoryHistory: 1995 a. 27; 2001 a. 16; 2011 a. 32 ss. 1230 to 1236; Stats. 2011 s. 41.62.