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...
By Tom Still GREEN BAY, Wis. – Just west of iconic Lambeau Field, in the shadow of the stadium that is home to the Green Bay Packers, a gleaming new building symbolizes the convergence of tradition and innovation in Green Bay. It’s called “TitletownTech” a 13,000-square-foot hub...
Startup community leaders and investors alike are looking to rally support for a proposed $100 million state investment in a “fund of funds” contained in Gov. Tony Evers’ budget proposal. “I’m excited about the venture fund because it’s the next step for Wisconsin,” WEDC CEO Missy...
… One of the many factors that differentiate the Wisconsin Fund from the Badger Fund is that even though capital may be raised from out-of-town investors, capital raised by the Badger Fund must be deployed in WIsconsin-based startups. The Wisconsin Fund’s $100 milion is required to...
May 26, 2021 TO: Members of the Wisconsin Legislature FROM: Cory Nettles and Mark Bugher, Wisconsin Fund Coalition RE: $100-million state investment in a Wisconsin Fund As the Wisconsin Legislature considers joining its neighbors in the creation of a statewide venture capital “fund of funds,” lawmakers should not buy...
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...
MADISON, Wis. – A bipartisan group of supporters headed by eight former secretaries of the Wisconsin Economic Development Corp. or its predecessor, the Wisconsin Department of Commerce, are supporting the creation of a state-backed “fund of funds” to invest in early-stage companies....
MADISON, Wis. – Gov. Tony Evers’ plan to invest $100-million in a venture capital “fund of funds” will help young high-growth companies throughout Wisconsin and put the state on the map for tech workers, companies and investors for years to come. That endorsement of the proposal...