The Business Development Tax Credit Program
This program supports job creation, capital investment, training, and the location or retention of corporate headquarters by providing companies with refundable tax credits. Tax credit packages may also include incentives for the capital investments companies make in workforce housing and company child care facilities. As of 2024, the minimum capital investment needed to qualify for the program is $250,000.
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Data Center Sales and Use Tax Exemption
Wisconsin offers a tax exemption for projects that involve buildings constructed or rehabilitated to house data centers. This program aims to attract more data centers to Wisconsin, along with the highly educated workforce, high wages and significant capital investment these projects bring to communities.
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Qualified New Business Venture (QNBV) Program
Wisconsin’s Qualified New Business Venture (QNBV) Program offers incentives for investment in early-stage Wisconsin businesses with the potential for significant economic impact and job growth. This program creates mutually beneficial outcomes for investors, businesses and Wisconsin’s economy.
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Historic Preservation Tax Credit
The Historic Preservation Tax Credit applies to certified historic buildings. Under the program, owners of eligible buildings may receive a state income tax credit for 20% of the qualified rehabilitated expenditures, up to $3.5 million.
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Enterprise Zone Tax Credits
Wisconsin’s Enterprise Zone Tax Credits are available to assist Wisconsin businesses that have significant expansion projects or are relocating major business operations from other states to Wisconsin. Refundable tax credits can be earned through job creation, job retention, capital investment, employee training and supply chain purchases from Wisconsin vendors.
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Technology Development Loans
Companies that provide high-tech or innovative solutions with national or global market potential are eligible for WEDC Technology Development Loans, which are tailored to the evolving needs businesses face as they move through their development cycle. WEDC offers lending options targeting the critical stages of new business development. WEDC’s loan funds are tailored to help innovative companies with promising economic futures clear the hurdles associated with bringing new technologies, products and concepts to market.
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Brownfields Grant Program
Wisconsin’s Brownfields Grant Program provides funds to assist with the assessment and remediation of environmental contamination of abandoned, idle, or underused industrial or commercial facilities or sites. This program helps convert contaminated sites into productive properties that are attractive and ready for redevelopment.
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Private Sewage System Replacement or Rehabilitation Grant Program
This program provides financial incentives to protect public health, safety and the waters of the state. Since its inception, the program has awarded over $58 million in grants for nearly 28,000 residences and businesses to replace or rehabilitate failing private sewage systems statewide.
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