Wisconsinites are worried they'll have to power up because of Minnesota's new angel investor tax credit.
About half a dozen Minnesota biotech companies have jumped the border to Wisconsin in recent months, lured by the state's angel investor tax credits, according to the BioBusiness Alliance of Minnesota.
Now that Minnesota has created its own angel investor tax credit, Wisconsin officials tell Milwaukee Magazine that the state might have to do more to attract companies.
"It's going to make us more competitive," Bryan Renk, director of Wisconsin BioForward, tells the magazine.
Then, the fightin' words: Milwaukee Magazine writes that, according to Renk, Minnesota may have more biotech jobs, but "Wisconsin has greater research prowess and a more educated workforce."
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