Lesson from the Early Stage Symposium: The Office Hours
Wisconsin Economic Development Corporation (WEDC) staff members Joey Frayne and Chris Schiffner hosted an Office Hours session at the Wisconsin Technology Council’s Early Stage Symposium to educate attendees about Wisconsin’s Qualified New Business Venture (QNBV) program on Nov. 8.
The statutory program offers investors tax credits on investments made in certified QNBV businesses. Designed to encourage investors by both incentivizing and de-risking investments in startup companies, investors are eligible to receive a tax credit equal to 25% of the amount of the equity investment.
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