On February 24th, WISC Partners received certification from Wisconsin Economic Development Council ("WEDC") as a Qualified Venture Fund ("QVF") under Wisconsin Act 255.
We would like to express our appreciation to the State of Wisconsin and WEDC for their ongoing efforts to boost entrepreneurial activity and thus job growth here in our state. We share this goal.
QVF certification streamlines the process for us to allocate to our Limited Partners the WI Act 255 tax credit incentives earned by our Fund's investment activity, which in turn helps us to encourage even higher levels of local private investment in promising new ventures in Wisconsin.
Our mission is to create wealth, and this combination of WI Act 255 and WEDC is helping us to achieve it. Thank you.