- The Vilas County Economic Development Corporation will open a business incubator in Phelps.
New chairman Carl Ruedebusch bought a 9,000 square foot building.
It will give small businesses space to develop and share resources.
Leaders hope it will also bring some much needed businesses to the community.
"In order to grow and prosper they need to have a grocery store, a hardware store, a clinic, and we're hoping that any two of those three that we can get in this building will help them continue to grow," said Vilas County Business Incubators Project Manager Barry McLeane.
They hope to have the business incubator up and running by next spring.
The Vilas County Economic Development Corporation opened a business incubator in Eagle River three years ago.
Since then, it's opened one in Manitowish Waters and an industrial incubator in Eagle River.
It's helped about 15 businesses get started.
"The response has been unbelievable for us and we're so enthusiastic about going forward," McLeane added.
Leaders say they've already been speaking with people interested in opening their businesses in the Phelps incubator.
The Manitowish Waters incubator will host a grand re-opening to show off its new renovations this Saturday from 11 a.m. to 1 p.m. The business incubator is located at 399 Hwy 51 in Manitowish Waters.
Vilas County Economic Development Corporation website
|Story By: Lauren Stephenson