State qualifies 8 businesses for investment tax credits

Site Staff,

Eight entrepreneurial businesses in Wisconsin have been certified for Qualified New Business Venture tax credits by the Wisconsin Economic Development Corp.

The QNBV status makes investors in the company eligible for a 25% tax credit on the amount they invest in the businesses. Businesses receiving certification include:

  • SpeechTails, Inc., Elm Grove
  • Whole Trees, LLC, Stoddard
  • Alithias, Inc., Whitefish Bay
  • FlatSix, LLC, Milwaukee
  • NitricGen, Inc., Middleton
  • Hopster, Inc., Middleton
  • Outdoor InSite, LLC, Madison
  • InControl Medical, LLC, Milwaukee

The program and the associated incentives for investment in these companies is designed to accelerate their potential for growth and job creation in Wisconsin.

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