The Wisconsin Economic Development Corporation has certified Errund as a Qualified New Business Venture (QNBV), the organization announced recently.
According to a release, QNBV allows investors in Errund to receive a 25 percent state tax credit on the amount they invest in the business through March 2018, up to $125,000 total.
“We are really excited to receive QNBV,” Errund Founder Jacob Ong said in a statement. “We were just about to move to Chicago earlier this year, and gener8tor kept us in Wisconsin for three months. Now, WEDC is keeping us here for another three years.” Read the full story here.