Air Date: 9/13/2004
Air Time: 12:30:00 PM
Length: 1 Hours, 0 Minutes, 17 Seconds
Description: Join Wisconsin Commerce Secretary Cory Nettles, state Sen. Ted Kanavas, R-Brookfield, and Terry Grosenheider of U.S. Bank for a discussion of Act 255, Wisconsin’s new law providing tax credits for investors in technology-based businesses.
Act 255 encourages angel investors and venture capitalists to invest in Wisconsin high-tech companies, and helps those companies secure federal and third-party funding. Although the Wisconsin Department of Commerce must still resolve a number of questions, its two key provisions – investment tax credits, and a grant and loan program – promise to generate new sources of investment that emerging companies need for growth.
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