Pan Genome Systems announced today that the company had recently received confirmation of its certification under Wisconsin's Qualified New Business Venture Program (QNBV) tax incentive program.
"This is a great program for encouraging Wisconsin businesses, and we are pleased to be part of it" said Pan Genome Systems President, Jon Sandbrook. "The program is certainly beneficial for both investors and early stage companies, and it helps companies like ours to secure the support we need to be successful" he said.
Wisconsin’s Early Stage Business Investment Program and Qualified New Business Venture Program (QNBV) work together to spur investment in early stage Wisconsin businesses with the potential for significant economic impact and job growth. The programs are simple and effective, creating mutually beneficial outcomes for investors, businesses and Wisconsin’s economy.
How It Works
Early stage businesses developing innovative products, processes or services may be designated as QNBVs. Investments in QNBVs made by angel investors, angel investment networks and qualified venture capital funds are eligible to receive a tax credit equal to 25 percent of the amount of the equity investment through the Early Stage Business Investment Program.
"This is a great program for encouraging Wisconsin businesses, and we are pleased to be part of it" said Pan Genome Systems President, Jon Sandbrook. "The program is certainly beneficial for both investors and early stage companies, and it helps companies like ours to secure the support we need to be successful" he said.
Wisconsin’s Early Stage Business Investment Program and Qualified New Business Venture Program (QNBV) work together to spur investment in early stage Wisconsin businesses with the potential for significant economic impact and job growth. The programs are simple and effective, creating mutually beneficial outcomes for investors, businesses and Wisconsin’s economy.
How It Works
Early stage businesses developing innovative products, processes or services may be designated as QNBVs. Investments in QNBVs made by angel investors, angel investment networks and qualified venture capital funds are eligible to receive a tax credit equal to 25 percent of the amount of the equity investment through the Early Stage Business Investment Program.
RSS Feed