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Wisconsin

Newcomers bring new money--just for your start-up.

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This story appears in the March 2000 issue of Entrepreneur. Subscribe »

Start-up and early-stage firms in Wisconsin searching for venture financing now have access to an additional $50 million in financing capital through three new participants in the Certified Capital Company Program (CCCP).

There are general CCCP requirements that businesses must meet to be eligible for the financing, as well as individual requirements for each venture fund. Specifically, business owners must be unable to obtain conventional financing, and the businesses' headquarters must be located in Wisconsin with principal business operations in the state. Companies must have no more than 100 employees, 75 percent of whom must be employed in Wisconsin. During the two most recent fiscal years, average annual net incomes can't have exceeded $2 million, and there are limitations on the industries considered by investors.

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