Date: Sep 24, 2013 Source: bizjournals (
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Wisconsin Economic Development Corp. has approved qualified new business venture tax credit status for early-stage companies Bomboard LLC, Whitewater; Edison DC Systems Inc., Grafton; eInnov8 Marketing, Mequon; and Thalchemy Corp., Madison.
The designation makes investors in the companies eligible for a 25 percent tax credit on the amount they invest in the business. More than 215 companies have been certified through the program since 2005, leveraging $637 million in private investments, WEDC said.
More info on the latest such companies:
• Bomboard has developed a high-performance, modular jet ski small enough to fit in the back of a sedan, eliminating the need for a trailer.
• Edison DC Systems has developed three products for implementing direct current power conversion systems in data centers.
• eInnov8 Marketing has developed a cloud-based product to help businesses easily integrate video, audio, images and other multi-media content into their websites.
• Thalchemy is developing a technology to boost battery life of devices including smartphones, tablets, health care and safety monitoring systems, and remote environmental sensing systems.
Jeff Engel is The Business Journal's reporter covering the manufacturing industry and technology.
