Providing employment opportunities, small
businesses loans and quality, affordable housing for
Madison and Dane County residents.
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"The Venture Debt Fund has been a valuable piece of our company’s financing structure and allowed us to use our latest equity financing directly for sales and marketing activities. This debt financing enabled us to hire staff and build our first instruments, leading to our early  success."

- Lisa Johnson
Chief Business Officer
Semba Biosciences, Inc.


  • Annual Meeting Message

    The goal of Madison Development Corporation (MDC) is to provide quality self-sustaining jobs through loans to small businesses and innovative businesses. MDC also provides affordable housing for Madison and Dane County residents.

  • 2014-2015 Accomplishments

    Loan Activity

    Small Business Loans: In 2014, MDC closed on $763,000 of CDBG-funded new direct loans to 9 small businesses. We also closed on 4 loans for $180,000 from our County-wide, Dane County Development Company fund. Through our Venture Debt Fund, we committed and closed on 5 loans, totaling $1,825,000. Strong loan volume has resulted in a growing loan portfolio for year-end 2015, continuing a three year trend.


MDC Service Equal Opportunity Policy

SERVICE EQUAL OPPORTUNITY POLICY MDC will assure the equitable and accessible delivery of our services to the general public by assuring that services are administered and provided in compliance with federal, State and local civil rights legislation. MDC insures that no otherwise qualified person, based on protected status, shall be excluded from participation in, be denied the benefits of, or otherwise be subjected to discrimination under any program, service or activity which we provide. Protected status includes age, race, color, disability, association with a person with a disability, gender, creed or religious conviction, national origin and ancestry.

To assist us in complying with all applicable equal opportunity rules, regulations and guidelines, Joan Frost, CFO, has been appointed as Equal Opportunity Coordinator. You are encouraged to discuss any perceived discrimination problems in employment or service delivery with this employee. Joan may be reached at (608)256-2799, ext. 211 or via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it. Information about our discrimination complaint process is available to you upon request.

Madison Development Corporation 550 W. Washington Ave. | Madison, WI 53703 Tel. 608-256-2799 Fax 608-256-1560
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