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Wisconsin Commerce Secretary Mary Burke would like to double Act 255 angel tax credits

State commerce secretary Mary Burke said this week that she would like Wisconsin to double the amount of tax credits available to angel investors under the Act 255 program.

In an interview, Burke said funding increases would be contingent on the state’s fiscal health, but she would like to double the tax credits from the $3 million allocated in the current biennial budget. Under Act 255, which had bipartisan support, the state made available $65 million in tax credits over 10 years to encourage angel investors and venture capitalists to invest more in Wisconsin.

Joe Vanden Plas

Full Story: http://wistechnology.com/article.php?id=2821

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Montana Needs to Develop a More Robust and Active Funding Environment for Entrepreneurs and Startups http://www.matr.net/article-17845.html

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