What?

As one of the oldest and most accomplished community development corporations in the country, Impact Seven has been able to capitalize a Venture Capital Fund from its own retained earnings, investment income, and other sources, giving it a powerful economic development tool to foster growth and innovation. The availability of equity financing is often identified as the key to strong economic growth, yet Wisconsin typically ranks near the bottom nationally in terms of the amount of venture capital injected into its businesses. Impact Seven's Venture Capital Fund is one of the few such funds in Wisconsin, and although the amount of money available varies depending Impact Seven's activities, the fund has been used to inject from $50,000 to more than $1 million into growing businesses.

Where?

Impact Seven's Venture Capital Fund is available statewide, in rural and urban locations, so it gives Impact Seven the flexibility it needs to make deals happen, whether they be in Monroe, Madison, Menomonie, or Mason.

Who?

Generally, this fund is available for ventures that have high growth potential and will consider sharing equity. This fund can be also be used for debt financing or a combination of debt and equity when appropriate. Due to the higher risk involved, this fund is used for projects through which Impact Seven will obtain higher returns.

How?

If this fund sounds like something for your business, you can download our general Impact Seven Financing Application (link to downloadable application). Please indicate in writing on this application that you are applying for equity financing and/or a debt/equity combination, and described your proposed equity arrangement in your business plan, which we will then negotiate. A personal meeting is generally required. Contact Impact Seven's Business Development Department at (715) 357-3334 for more information.