Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State or Territory: | Wisconsin |
| Effected Jurisdiction: | Wisconsin |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2019 |
| Program name: | Qualified New Business Venture |
| Program purpose: | Research and development |
| Statutory authority: | Wis. Stats. 238.15 |
| Abating jurisdiction(s): | State of Wisconsin |
| Applicable taxes: | Income Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | The certified business must pay a penalty ranging from 60% to 100% of the Tax Credit provided if it relocates out of state during the 3 years after it received an investment |
| Gross revenue loss: | $8,400,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $8,400,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
