Supporters of a $100 million venture capital fund are considering a separate bill to create the mechanism to boost young businesses. This comes after the “fund of funds” was not included in the state’s 2021-23 biennial budget. “It has been raised as a possibility by some legislators in both parties as...
The Wisconsin Joint Committee on Finance (JFC) left the governor's proposed $100 million state venture capital fund of funds on the cutting room floor in a Thursday vote to approve their version of the 2021-'23 state budget. However, experts say there's still some hope for the...
MADISON, Wis. – Although the Legislature’s Joint Finance Committee declined to include a $100-million proposal in the state’s 2021-23 budget bill, the president of the Wisconsin Technology Council is hopeful that creation of a “fund of funds” will be considered later. [caption id="attachment_17437" align="alignright" width="136"] Tom...
From the electric guitar to stem cell therapies, entrepreneurs have demonstrated incredible ingenuity throughout Wisconsin’s history. Yet in recent years we have lagged in attracting investment to provide lifeblood to our startup companies — stifling their growth or forcing them to leave the state. As part...