Invest in Wisconsin Partner WWBIC CEO to get 2017 BizTimes Award

April 10, 2017

Wendy Baumann, the president and chief visionary officer of the Wisconsin Women's Business Initiative Corp. will be the recipient of the 2017 BizTimes Woman Executive of the Year Award.

WWBIC, which is celebrating its 30th anniversary in 2017, is a 501(c)3 nonprofit organization that helps entrepreneurs in Wisconsin that want to start or expand a business but face barriers in accessing traditional financing or resources.

Since its incorporation in 1987, WWBIC says it has loaned $53.2 million, helped 4,385 entrepreneurs in Wisconsin create and retain 9,884 jobs and assisted 57,405 clients.

Bauman has led WWBIC for 24 years. Under her leadership, WWBIC has grown from a $200,000 budget with a staff of two, to a $5.7 million organization with a staff of 50, four regional offices, and three rural satellite offices.

In addition to her work for WWBIC, Baumann led the team that launched Milwaukee as a Kiva City (now ranked 8th highest volume in U.S.), was involved in the development of the Milwaukee Public Market, co-founded the

She has spoken at national and international forums, including the Global Microfinance Summit and the United Nations, with an emphasis on her expertise in women�s entrepreneurship and inclusive microcredit practices.

Prior to leading WWBIC, Baumann was director of small business development for Milwaukee Area Technical College for five years.

Previous recipients of the BizTimes Woman Executive of the Year Award have included: Paula

The BizTimes Woman Executive of the Year Award will be presented to Baumann at the BizExpo conference on Wednesday, May 24, at Potawatomi Hotel & Casino. She will be honored during the Women in Business breakfast at BizExpo.

The Women in Business breakfast will also include a panel discussion with women who own businesses in southeastern Wisconsin. The panelists will Molded Dimensions Inc.; Crystal Miller, president of Frontida Assisted Living; Holly N. Ritz, president of Milwaukee-based The Penworthy Company LLC; and Dawn Vogelsang, president of Pewaukee-based Hamacher Resource Group Inc. The discussion will be moderated by Kimberly Kane of Kane Communications Group.