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 By
pursuing the leading technology in your industry, you
may be eligible for income tax credits up to $250,000
that directly impacts your bottom line. Wisconsin's Technology Zone Program is an exciting new economic
development initiative that offers
much-needed stimulus to the
growth of businesses in Wisconsin's high-technology
sectors.
Northeast
Wisconsin
Technology Zone
Wisconsin Technology Zone Program
Two Rivers is part of the
Northeast
Wisconsin Regional Economic Partnership, which has
identified the following high-tech business clusters in the region:
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Click Map for Larger Version
Zones are effective for 10 years.
$5
million in income tax credits has been allocated
to each zone.
Tax credits will be made available to high
technology businesses locating or expanding in a
designated Technology Zone.
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Advanced
Materials/Composites
Medical
Paper/Printing
Related
Food/Kindred Processing
Electronics
Machine
Manufacturing
Wood/Forestry
Related Products
Automotive
Research & Development Labs
Engineering/Design
Agri-Business
Energy Generation
Information
Technology
Logistics
Software Development
Metallurgic
Technology
Marine
Small Engine Technology
To qualify, a company must
meet the following criteria:
The business must
be a new or expanding high-technology firm.
The technology
zone must recommend certification to the Department of Commerce.
The certification
is for three years, with an option to extend for another two years.
The Technology Zone
program focuses primarily on businesses engaged in research, development
or manufacture of advanced products or materials used in a variety of
identified fields. However, local Technology Zones may also
recommend certification of businesses that they identify as part of a
target cluster and as knowledge-based businesses or businesses that
utilize advanced technology production processes, systems or equipment in
more traditional manufacturing operations.
Your first step in the
process is to contact us -
we'll help you get going.
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