In 2011, the WEDC was created by Walker as a quasi-public entity to replace the state's Department of Commerce with the objective of incenting job creation in Wisconsin. A 2013 report from the state's Legislative Audit Committee indicated that the organization gave some "grants, loans, and tax credits to ineligible recipients, for ineligible projects, and for amounts that exceeded specified limits." It also reported that WEDC "did not consistently perform statutorily required program oversight duties such as monitoring the contractually specified performance of award recipients". According to Wisconsin Public Radio, "The agency has been plagued by mismanagement and questions about handing out loans without properly vetting recipients."