Banking & Finance

MadREP and CARPC secure investment for region

The Madison Region Economic Partnership (MadREP) and the Capital Area Regional Planning Commission (CARPC) announced a $200,000 initiative to support economic recovery in the region.

FDIC quarterly numbers show economic rebound

In a statement from the Wisconsin Bankers Association, President and CEO Rose Oswald Poels said the recent FDIC Quarterly Banking Profile shows banks’ financial strength and an improving economy.

Ideadvance Seed Fund opens round of funding

The Wisconsin Center for Technology Commercialization has opened its 12th round of Ideadvance Seed Funding for Wisconsin-based businesses and has expanded eligibility and tracks for established small businesses with innovative approaches.

Madison startup raises more than $7 million 

Madison-based OnLume Inc., a medical device company that has developed a fluorescence-guided surgery imaging system, has raised more than $7 million in private investment dollars.

Fund of funds gains support

A bipartisan group of supporters headed by eight former secretaries of the Wisconsin Economic Development Corp. (WEDC) is supporting the creation of a state-backed fund to invest in early-stage companies.

IRS outlines vaccine tax credits for employers

The Internal Revenue Service and the U.S .Treasury Department have published a fact sheet on tax credits available under American Rescue Plan Act to employers that provide paid leave to employees who get COVID-19 vaccinations.

Wisconsin DFI issues investing advisory

The Wisconsin Department of Financial Institutions (DFI) has issued an investor awareness advisory regarding environmental, social, and governance (ESG) investments.

In Business magazine