INvest Quarterly - July 2016

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2015 QNBV Report: $176 Million+ Invested, 180 Companies Now QNBV Certified

In 2015, WEDC’s Qualified New Business Venture (QNBV) Program helped 75 startups throughout the state draw more than $176 million in total investment, with the help of $18.3 million in tax credits. A total of 180 companies are certified through the program, which is helping to create a thriving startup ecosystem in Wisconsin.

Increased investment in the information technology, biotechnology and health technology sectors bolstered the year’s overall growth, with qualifying investment totals of $30.6 million, $16.7 million and $12.5 million for each industry respectively. Find additional news about investment opportunities and resources in Wisconsin below.

Read report highlights and download the full 2015 QNBV report.


Angels on the Water is dedicated to providing seed and early-stage funding and mentorship for 18 counties in the state’s northeast region.

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Investor Profile


The Madison Development Corporation (MDC) provides loans to small businesses and innovative entrepreneurial efforts in the greater Madison area. MDC President Frank Staniszewski shares how MDC’s programs help businesses grow.

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Tim Shedd, CEO and CTO of Ebullient Precision Cooling Systems, addresses the challenge of keeping computers from overheating during use. 

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To discover more about the innovation happening In Wisconsin®, contact Aaron Hagar at 608.210.6825 or

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