The Metropolitan Milwaukee Association of Commerce Regional Center, LLC (MMACRC), headquartered in Milwaukee, Wis., was designated as an EB-5 regional center by USCIS in May 2007. The regional center is authorized to direct foreign capital into projects and businesses that will foster the creation of jobs in the United States, and is approved to create investment opportunities in a variety of industries, including hospitality, manufacturing, health services, education and supermarkets. The geographic scope of MMACRC covers the seven counties of Kenosha, Milwaukee, Racine, Ozaukee, Waukesha, Washington, and Walworth in southeastern Wisconsin.
The regional center is sponsored by the Metropolitan Milwaukee Association of Commerce (MMAC), a not-for-profit organization which has been in operation for over a century-and-a-half, and which represents nearly 2,000 member businesses employing 300,000 individuals. The goal of the Metropolitan Milwaukee Association of Commerce is to increase the economic vitality of southeastern Wisconsin by uniting the region’s business community, and by providing programs and resources focused on networking, public policy and economic development.
The organization’s chief financial officer, Craig Kammholz, oversees the regional center’s operations. He manages all aspects of the MMAC’s budgeting, investment, administrative and financial processes. As a MMAC management team member, Mr. Kammholz is also involved in public policy analysis, strategic planning, economic development, and issues related to the business community. Prior to joining the MMAC, he served as the budget director for the county of Milwaukee, where he developed and proposed long-term strategic fiscal goals and policies, and advised on a countywide budget. He also served as special deputy controller for the city of Milwaukee, where he calculated the fiscal impact of financing alternatives and capital budgeting. Mr. Kammholz is an instructor at Marquette University, where he teaches public finance in the College of Professional Studies. He earned his bachelor’s degree in economics and political science from the University of Wisconsin-Milwaukee, and his master’s degree in public finance from American University.
He is assisted by Bret Mayborne, who is the operation’s director of economic research – a role which he has held for nearly thirty years. Mr. Mayborne is responsible for tracking economic and demographic data in the Milwaukee area, along with collecting business outlook surveys, and producing economic publications. He works closely with companies that are interested in economic and development opportunities in southeastern Wisconsin, providing demographic and economic information on Metro Milwaukee. Mr. Mayborne received his bachelor’s degree in economics from the University of Wisconsin-Oshkosh, and his master’s degree in economics from the University of Wisconsin-Milwaukee.
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