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Pegasus Sustainability Solutions Certified as Qualified New Business Venture

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By Kevin Ross

Madison, WI, June 22, 2013 –(PR.com)– Pegasus Sustainability Solutions, Inc. of Fitchburg, WI, announced today that it has received certification for the Qualified New Business Venture program from the Wisconsin Economic Development Corporation. Pegasus currently employs six people in Fitchburg and is projected to add eleven additional positions over the next three years.

Mark Hope, President and CEO of Pegasus Sustainability Solutions said “We are very pleased to receive this certification from the WEDC. The support and encouragement of this organization, along with that of the City of Fitchburg, are key reasons why we chose to locate the company’s headquarters in Wisconsin.”

The Qualified New Business Venture Program makes investors in the company eligible for a 25 percent tax credit on the amount they invest in the business. The WEDC said that the QNBV program will support the company’s growth and job creation in Wisconsin.

In addition to its certification under the QNBV program, Pegasus was approved for debt funding under the Wisconsin Venture Debt Fund. This fund provides debt financing at advantageous terms to be used for product development and working capital.

Pegasus Sustainability Solutions, Inc. is a corporation that provides environmental sustainability and industrial ecology solutions to commercial, healthcare and industrial clients across the United States. The company also provides waste management services for hazardous waste and other regulated material for clients in a wide variety of industry sectors.

If you would like more information about this topic, please contact Mark Hope at (608) 210-4202 or by email at mark.hope@pegasus-sustainability.com.

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