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.
SEED – START – SCALE
Foxconn to expand Wisconn Valley Innovation Network with new Foxconn Place Chippewa Valley in downtown Eau Claire
Foxconn Technology Group has announced the company is purchasing two properties in downtown Eau Claire for its Foxconn Place Chippewa Valley, a technology hub that will serve west-central Wisconsin, and that will also house its Wisconn Valley Innovation Center. Read More
WEDC is providing Milwaukee Tool Co. with $8 million in state tax credits to support the company’s plans to build a $32 million R&D facility in Brookfield – a project expected to create 350 new jobs. Read More
Laying the groundwork for the redevelopment of the former Oscar Mayer plant, Lt. Governor Rebecca Kleefisch announced the City of Madison is receiving a $500,000 state grant to help finance infrastructure work on the site. Read More
“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.”