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
Since its inception in 2004, more than 2,600 entries have been received for the Governor’s Business Plan Contest, with winning companies receiving about $1.7 million in cash and services.
Loans and tax credit investments have enabled Isomark LLC to continue developing and testing its Canary™ product, a breath-based test that can detect infection within two hours of its onset.
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.
Born out of a Kickstarter campaign, Fasetto still needed help getting off the ground beyond that initial funding. When it came time to attract additional capital, they reached out to the Wisconsin Economic Development Corporation WEDC.
TOTAL IMPACT IN 2016
SEED – START – SCALE
WEDC NEWS
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
Consul general of Japan sets “grassroots caravan” to Wisconsin
Naoki Ito, the consul general of Japan in Chicago, will spend two days in Wisconsin highlighting the important contributions of Japanese-owned businesses to communities here. Read More
Wisconsin selected for policy academy to strengthen manufacturing
Wisconsin has been selected to participate in the year-long Policy Academy on Strengthening Your State’s Manufacturers. 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.”