| Technology
Zone On July 1, 2002, the State of
Wisconsin designated the counties of Chippewa, Dunn, Eau Claire, Pierce, Polk, and St.
Croix as the I-94 Corridor Technology Zone. Under the designation, the Zone has $5
million in tax credits available to provide new and expanding high technology businesses
in the region.
Who is Eligible for Technology Zone Tax
Credits?
The Department of Commerce will certify businesses
for tax credits based on a company's ability to create jobs and investment and attract
related businesses. Criteria include:
- The business must be 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 two additional years.
What is the definition of a
"high-technology firm"?
A high-technology firm is any business engaged in the
activities of research, development or manufacture of advanced products or materials for
use in factory automation, biotechnology, chemicals, computer hardware, computer software,
defense, energy, environmental, manufacturing equipment, medical, pharmaceuticals,
photonics, subassemblies and components, test and measurement, telecommunications, and
transportation. A more comprehensive list is available upon request.
For more information, contact the Pierce
County EDC
office at 715-425-3881 or email at bill@pcedc.com
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Pierce County EDC
410 S. Third St. - UWRF RDI Building River Falls, WI 54022
Phone: (715) 425-3881
Fax: (715) 425-4479
E-mail: info@pcedc.com
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