Chippewa Valley Innovation Center (CVIC)

The mission of the Chippewa Valley Innovation Center (CVIC) is to encourage new and emerging entrepreneurial business utilizing community resources to provide temporary facility, managerial, technical, and financial assistance.

3132 Louis Avenue
Eau Claire, WI  54703
Phone:  (715) 836-2842
Fax:      (715) 836-3945

Site Features

• 8 bays @ 1,250 square feet
• 1 bay @ 1,740 square feet (Bay 9)
• 5 offices @ 250 square feet
• 1 office @ 480 square feet
• 440 Amp/3 Phase power
• 1 loading dock-9 X 9 overhead door
• 2 10 X 10 overhead doors at grade level
• Ceiling height: 17' at eaves-20' at center
• 32 parking spaces available & street parking
• Less than 1 mile to Hwy 53 with access to I-94 and Hwy 29
• Less than 1 mile to Chippewa Valley Regional Airport

Benefits

• Businesses rent only the number of bays needed, including manufacturing space and private offices
• Common areas include: Lunchroom and restrooms
• Loading Docks and overhead doors available to all tenants
• Conference room available at no charge
• Heat to all manufacturing areas provided
• Tenants pay their own electricity
• Heat, power, internet, and air conditioning in all offices
• Provided maintenance includes lawn care, snow removal, garbage collection and building repair
• Shared amenities: fax, computers, copy machine, audio/visual equipment, forklift, pallet jack and compressed air

Managerial and Technical Assistance

• Low Cost/No Cost Professional Consultation available
• Access to local economic development agencies
• Access to UW-Eau Claire, UW-Stout, Chippewa Valley Technical College and Northwest Wisconsin Manufacturing Outreach Center (NWMOC)
• Networking Opportunities
• Loan Program Available to assist tenants from a loan pool fund used for direct loans or to guarantee loans up to $50,000

Terms

Manufacturing

$2.60 per square foot-Year 1
$2.85 per square foot-Year 2
$3.10 per square foot-Year 3

Office

$4.35 per square foot

Leases are set up in one-year increments. Businesses are limited to three years in the Center (extensions are granted by Board approval). Rent is established on a cost-per-foot basis.

common area charges of $.65 per foot apply

Selection Process

Applicant Criteria

• Candidates should be light manufacturing, value-added or service related business
• A business plan is required (within 90 days of occupancy). Business plan assistance will be made available to any business that requests it

Applicant Process

1. Business files application with CVIC Director
2. Business interviews with CVIC Board Member
3. Business is approved or denied by the Board
4. If approved, lease is signed by the business