PRESS: Madison Development Corp. provides venture debt funding for four tech companies


WisTechCouncilMadison Development Corporation, a local non-profit development company helping hard-to-finance small businesses with loans, started a Venture Debt Fund to help technology businesses stretch scarce local venture capital dollars. Since inception, the MDC Venture Debt Fund has made about 40 loans totaling $11.5 million to local tech businesses. Four loans were just closed to Intuitive Biosciences Inc., SOLOMO Technology Inc., Veridt , Inc., and Wellbe Inc.

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