Providing employment opportunities, small
businesses loans and quality, affordable housing for
Madison and Dane County residents.
Phone (608) 256-2799
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    TESTIMONIALS

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    The Venture Debt Fund is a perfect vehicle for fast growth companies like Forte Research. It provided cash to support growth when we were too risky for traditional bank financing and allowed us to focus on our business instead of the fundraising process.

    - Srini Kalluri
    Founder
    President & CEO& Chief Customer Experience Officer
    Forte Research Systems, Inc.

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    MDC Technology Business Loan and Job Growth: 2010-2011

    MDC's portfolio of loans to technology businesses continues to generate positive job growth for Madison and Dane County.

     
    MDC Chair Message 2011

    Madison Development Corporation, with our national economy, has emerged from the recession.  MDC is strong and has been an important factor in Madison and Dane County for alleviating the effects of the recession and assisting in a positive outcome.  Our 2010 jobs report showed that the MDC small business borrowers created 150 new jobs.  This compares to 110 in 2009.  Of the new jobs, 81% were at high wages and 79% included employer sponsored health benefits.

     
    Home » Testimonial

    "Bassett Warehouse Apt is in a great downtown location and is still quiet and peaceful. I love the large, modern windows."

    - Bassett Tenanat
     

    Laura KingAll of us on the leadership team at NeuWave really appreciate the support and availability of funds from the Madison Development Corporation. MDC has been exceedingly easy to work with and provided liquidity at a critical juncture for NeuWave Medical.

    - Laura King
    President & CEO
    NeuWave Medical, Inc.
     

    "Bassett Warehouse Apt is a solid building kept in shape with good maintenance.  The higher percentage of tenants renewing leases shows MDC's quality."

    - Long term MDC tenant
     

    Lisa Johnson,"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.
     

    Srini KalluriThe Venture Debt Fund is a perfect vehicle for fast growth companies like Forte Research. It provided cash to support growth when we were too risky for traditional bank financing and allowed us to focus on our business instead of the fundraising process.

    - Srini Kalluri
    Founder
    President & CEO& Chief Customer Experience Officer
    Forte Research Systems, Inc.
     


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