INVESTMENTS IN WISCONSIN STARTUPS HAVE RECORD YEAR

In 2016, WEDC’s Qualified New Business Venture (QNBV) Program helped 84 startups throughout the state draw more than $71.7 million in qualified investment, with the help of $17.9 million in tax credits. A total of 211 companies are certified through the program, which is helping to create a thriving startup ecosystem in Wisconsin. The total amount of funding received by QNBV companies, including qualified investment and all other sources, reached a record total of $281.7 million in 2016.

Three industries in particular saw the largest share of funding in 2016: QNBV-certified companies in information technology, biotechnology and health technology garnered $105.5 million, $81.7 million and $44.7 million respectively.

INVESTOR PROFILE

Idea Fund partners with seed- and early-stage startups across the state and supports the state's best entrepreneurs: people who are solving tough problems with passion and drive.

FUNDING SOURCE

The Doyenne Evergreen Fund provides grants, loans and equity investments for women-led ventures in Wisconsin. Doyenne’s executive director and co-founder, Heather Wentler, shares how the fund helps businesses grow.

COMPANY PROFILE

SnotTape, a product from an Oshkosh-based startup, fills the gaps to make painting textured walls easier—thus filling a gap in the home improvement product market.

QUICK LINKS INVEST IN WISCONSIN | QNBV CERTIFICATIONS | CONTACT US

To discover more about the innovation happening In Wisconsin^®, contact Aaron Hagar at 608.210.6825 or aaron.hagar@wedc.org.

This message was sent by: Wisconsin Economic Development Corporation 201 W. Washington Avenue Madison, WI 53703