CURRENT LAW The Wisconsin Economic Development Corporation (WEDC) is a public-private entity created under state law as the state's lead agency in promoting economic development. WEDC offers a number of tax credits, loans, grants, and technical assistance programs to eligible Wisconsin companies. According to WEDC's annual...
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...
The unrelenting feud between Democratic Gov. Tony Evers and the Republican controlled state Legislature was in full bloom this month as lawmakers scrapped nearly 400 items from Evers’ proposed budget and decided to start from scratch using the current budget as a base. Were there any...
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...