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WEDC helping farm-related tech startups in Wisconsin
12 Jul 2022
News, Wisconsin
The 2022 Wisconsin Farm Technology Days will run from July 12-14 in Clark County, highlighting Wisconsin companies in the farm technology industry. The Wisconsin Economic Development Corporation (WEDC) has helped many such businesses emerge over the years with its Qualified New Business Venture (QNBV) program.
QNBV is intended to encourage equity investment in technology-based businesses, including farming-related ones, in the state of Wisconsin. By giving eligible angel and venture fund investors a Wisconsin income tax credit equal to 25 percent of the value of their investments, the program helps tech-based startups develop products, enter markets and create high-quality jobs as they emerge in their industries.
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