Tax Credits

Tax Credit Programs

The Wisconsin Economic Development Corporation administers several tax credit programs that support startup growth, business development, and expansion or relocation of major business operation from other states. 

Angel and Venture Fund (Qualified New Business Venture Program)

Angel investors and angel investor networks that invest in Qualified New Business Ventures may be eligible to claim an income tax credit on that investment, equal to 12.5% in each of two years. 

Business Development Tax Credit

The Business Development Tax Credit Program supports job creation, capital investment, training and corporate headquarters location or retention by providing businesses located in or relocating to Wisconsin with refundable tax credits that can help to reduce their Wisconsin income/franchise tax liability or provide a refund, thereby helping to enhance their cash flow to expand the project’s scope, accelerate the timing of the project or enhance payroll.

Enterprise Development Zones

This program provides site specific tax incentives to new or expanding businesses whose projects will affect distressed areas.