INNOVATION PROSPERS WITH OUR STATE’S SUPPORT
Making great ideas into better realities is possible in a vibrant entrepreneurial ecosystem like Wisconsin’s. Built on a foundation of constant improvement and advancement, our state strengthens new business innovation through supporting startups from seed to growth stage.
We know there can be obstacles along the path from idea to commercialization. WEDC’s entrepreneurial programs are designed to further advance startup activity by supporting the full path from startup to commercialization. By working with our statewide network of partners, our initiatives spur entrepreneurial activity by providing direct capital infusions and incenting investments through angel and venture tax credits, mentoring, training and other important resources. Plus, you’ll have access to the location you want, the talent you need, and the investment in research and development that will keep your business at the forefront of innovation.
FASETTO
Superior, Wisconsin
To begin shaping the future of file-sharing, Fasetto first needed to attract startup funding.
WEDC PROGRAMS
WEDC SUCCESS STORIES
Funding and Lean Startup training helped Madison-based C-Motive focus its business and develop a customer market for its lightweight and energy-efficient motors.
MARKETPLACE, the state’s premier gathering for minority, woman and veteran business owners, brings together current and aspiring business owners with service providers and buyers and is growing each year.
V-Glass has leveraged assistance provided by Wisconsin into federal grants totaling over $1.3 million to develop its game-changing insulated window technology.
Designed to advance the statewide climate for entrepreneurship, the Entrepreneurship Support Program supports activities such as prototyping assistance, legal services and outreach to entrepreneurs in underserved communities.
TOTAL IMPACT IN 2016
SEED – START – SCALE
WEDC NEWS
City of Ashland receives $155,400 state grant to assist in renovation of community child care center
The City of Ashland is receiving a $155,400 state grant to help finance the renovation of an existing commercial building into a brand-new child care facility. Read More
No-interest microloans authorized to assist businesses damaged in July 18 storms and aftermath
Businesses that suffered damage during the July 18 storms and their aftermath in west central and north central Wisconsin will be eligible for no-interest microloans to help cover repair costs, the Wisconsin Economic Development Corporation (WEDC) announced. Read More
Redline Plastics expands operations in Manitowoc
Redline Plastics LLC, a family-owned and -operated manufacturer of molded and vacuum-formed plastics, as well as leather and textile cut-and-sew products, is expanding its facility operations in Manitowoc—a $12 million project expected to create 44 jobs over the next three years. Read More
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“The QNBV Program played a direct role in keeping these investment dollars in Wisconsin and working to grow Wisconsin jobs.”
“The QNBV program has definitely helped Esker to attract qualified angel investors. These tax credits are looked on favorably by investors, which has resulted in a level of funding that enabled the company to hire full-time employees and purchase much-needed equipment and development tools.”
“We brought the company here because Wisconsin has a rich biotech and entrepreneurship understanding. WEDC encourages this type of critical technologies that contribute strongly to the economic development of the state. We came to Wisconsin to be part of the biotech hub they support.”
“I’d like to thank WEDC for this additional investment, which will help ensure that Whitewater continues to be a hotbed of entrepreneurial spirit. The many startups that this program has already assisted is truly amazing. We’ve supported many new innovative businesses that would not have had a chance to get started without this very timely help.”
“Working with WEDC has brought a level of support from the state of Wisconsin that I was hoping to receive when moving my startup company from Washington, D.C., to northeast Wisconsin. As my company continues to grow and create more jobs in Green Bay, I am glad to have WEDC on our side.”