Making Your Company an Attractive Investment

It is a competitive market when it comes to raising money for your company.  You need every advantage you can get.  Providing your investors with an immediate return on their investment via the Wisconsin government can be the leg up your business needs.

Wisconsin Act 255 set up the Angel Investment and Venture Capital Tax Credit program designed to encourage investment in small, high-technology businesses that have high growth potential.  Early-stage businesses conducting pre-commercialization activities related to proprietary technology may be designated as Qualified New Business Ventures.  Angel investors, angel investment networks and venture capital seed funds may qualify for Wisconsin tax credits by investing in these designated companies.

How Epiphany Law Can Help

Epiphany Law understands the complexities of raising capital in today’s marketplace.  Among those complexities are tax incentives put in place by governmental entities seeking to attract high-tech companies.

Epiphany Law can help you determine if your business qualifies for providing investors tax credits, including the very lucrative credits provided by Act 255.  We can also assist you in wading through the bureaucracy that accompanies any government program.  In short, rely on Epiphany Law for all of your business needs.

Questions & Answers

Q: Can I qualify my real estate development project for Act 255?
A: Businesses engaged in real estate development, insurance, banking, lending, lobbying, political consultation, professional services provided by attorneys, accountants, business consultants, physicians or health care consultants, wholesale or retail trade, leisure, hospitality, transportation or construction are not eligible for the Act 255 program.

Q: What is an eligible investment?
A: Under Act 255, an eligible investment must meet each of the following:

• It must be made after a business is certified
• It must be a cash investment
• It must be common stock, membership interest, preferred stock or equivalent
• The investor must be an eligible investor.

Q: Who is an eligible investor?
A: Eligible investors under Act 255 include accredited investors and qualified venture funds.  Investors may not have invested in, or have any ownership interest in, the business prior to certification. Investors who have invested in the company before certification are not eligible for tax credits if they make further investment.