News

Angel investing tops $100 million…. in Wisconsin – the result of tax credits enacted for investors in young companies.

June 7, 2007 /

MATR Sponsor (view all)

The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Funds distributed in state more than 50% higher than year earlier, report says

Early-stage investing in Wisconsin grew dramatically in 2006, topping $100 million.

The increase in early-stage investing is the result of tax credits enacted for investors in young companies, the formation of the Wisconsin Angel Network and other efforts to spur entrepreneurship, said Tom Still, president of the Wisconsin Technology Council.

By KATHLEEN GALLAGHER
[email protected]

Full Story: http://www.jsonline.com/story/index.aspx?id=615645