Under the 2003 Wisconsin Act 255, the State of Wisconsin provides a state tax credit to eligible investors in a qualified venture capital fund that invests in Wisconsin startups.

The State of Wisconsin provides eligible investors with a 25% tax credit on their total investment in Wisconsin startups on a dollar-for-dollar basis against their Wisconsin state taxes owed when the investment complies with Act 255. These credits may be transferred.

The Mastercraft Fund will apply and expects to receive designation as a qualified venture fund and expects that 80% or more of its investments will qualify for tax credits.