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  • WISCONSIN VENTURE DEBT FUND

    The Wisconsin Venture Debt Fund is designed to provide debt financing to growth companies that create new, high-quality jobs in Wisconsin. These debt funds are intended to be complimentary to early stage equity allowing companies to access capital at predictable costs.

    WHEDA is providing $9 million to partner venture debt funds including Madison Development Corporation (MDC), Milwaukee Economic Development Corporation (MEDC) and Wisconsin Economic Development Corporation (WEDC). The debt funds are expected to generate $90 million in private capital investment in Wisconsin businesses.

    For eligibility guidelines and other information on each debt fund, please contact a participating Wisconsin Venture Debt Fund partner.

    Company Location (County)  Contact Name  Organization  Telephone
    Number  
    Email  
    Dane David Scholtens, 
    Vice President/Lending
    Madison Development
    Corporation
    (608) 256-2799 
    Ext. 213
    dscholtens@mdcorp.org
    Milwaukee 
    Racine 
    Kenosha 
    Waukesha 
    Walworth 
    Washington 
    Ozaukee

    John Miller,
    Vice President 

    Milwaukee Economic
    Development Corporation
    (414) 286-5652 John.Miller@medconline.com 
    Other Aaron Hagar, 
    Senior Technology Investment Manager
    Wisconsin Economic
    Development Corporation
    (608) 210-6825 aaron.hagar@wedc.org

    WHEDA is using State Small Business Credit Initiative (SSBCI) funds from Wisconsin’s award of $22.4 million in 2011 to partner in the Wisconsin Venture Debt Fund. The SSBCI is a federal resource for job creation and business development in the U.S.