Wisconsin kicks our butt with Angel tax credits
| July 3, 2009 |  View for printing |
Yee gads! We already know that Wisconsin has superior angel tax credits than Minnesota (and by superior, I mean it actually HAS them) but this is getting ridiculous.
It would be perfectly understandable if the Badger State wanted to sit on its laurels and count the Minnesota startups fleeing to Madison or Hudson. Instead, as Minnesota preoccupied itself with NOT passing an angel credit, our rival was too busy making its already impressive program, Accelerate Wisconsin, even better. (Accelerate Wisconsin, BTW, sounds a lot snappier than Act 255.)
Wisconsin’s new budget more than triples the annual pool of credits for angels and venture capitalists from $11.5 million to $37 million. Angel credits move to $18.25 million while from $5.5 million; VC credits jumps to $18.75 million from $6 million.
By Thomas Lee
Full Story: http://blogs2.startribune.com/blogs/ ... s-our-butt/ 
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