AltusCampus, a Madison-based provider of online continuing medical education, was awarded Qualified New Business Venture (QNBV) status by the Wisconsin Economic Development Corporation.
As a result, Wisconsin taxpayers are now eligible for a Wisconsin Early Stage Tax Credit in the amount of 25% of their investment in AltusCampus. For example, $25,000 of a $100,000 investment in AltusCampus is allowable as a credit toward an investor’s Wisconsin income tax liability.
QNBV status aids early stage companies by providing incentives to the investment community to participate in early stage innovation.
