MGE has long encouraged business incubators. In 1989, the MGE Innovation Center opened with space for 12 tenants at the UW Research Park. The very first tenant was a small biotech start-up called Novagen—now a successful Madison-based company. In total, the Innovation Center has spawned over 70 high-tech and biotech firms.

We have provided support for eight business incubators. Madison has more business incubators per capita than most U.S. cities. In fact, Madison is one of 30 "Fast Cities" around the world, according to Fast Company magazine. Fast Cities are places "where the most important ideas and the organizations of tomorrow are centered."

MGE Energy is dedicated to promoting economic success.