The Wisconsin Economic Development Corporation (WEDC) established the Qualified New Business Venture (QNBV) Program in 2005 to drive investment into early-stage companies that show the potential to create next-generation economic opportunity in Wisconsin.
The QNBV Program offers incentives for investment in these Wisconsin businesses creating mutually beneficial outcomes for investors, businesses and Wisconsin’s economy. Angel investors, angel investment networks or Qualified Venture Funds (QVF) that invest in a QNBV company are eligible to receive a tax credit equal to 25 percent of the amount of the equity investment.
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