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MDC "Venture Debt" loans help fund tech firms

Madison, Wis. - Madison Development Corp. (MDC) reported Wednesday that is has made $600,000 in new "Venture Debt" loans to three Madison technology companies since starting its new Venture Debt Fund this year, including one loan made earlier this month.

MDC, a non-profit development company, started the Venture Debt Fund to help technology businesses stretch local venture capital ......

Full article >>> d, noting the TrafficCast financing and another information sciences project that MDC is currently reviewing.

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Source:wistechnology.com By WTN News 07/20/05


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