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Wisconsin Governor Doyle’s budget initiatives to promote innovation and growth. Wow!

February 19, 2009 /

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Although this budget demands hard decisions, I have included multiple provisions intended to help Wisconsin businesses continue to flourish and innovate, despite the challenging economy. These provisions are listed below.

To accelerate new business development in Wisconsin, I am launching an Accelerate Wisconsin initiative that will enhance the existing angel investment and venture capital investment tax credit program (Act 255) and offer a capital gains re-investment incentive.

These initiatives will support start-up technology companies, increase flexibility for entrepreneurs seeking tax creditable investment, increase ease of program administration and provide parity between investor groups, and spur investment in Wisconsin start-up companies by insurers.

Gov. Jim Doyle

Full Story: http://wistechnology.com/articles/5516/

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