Randy Spaulding couldn't have picked a worse time to try and raise money for his new medical equipment company in West Bend.
It was the summer of 2008 and the financial world was in crisis. Banks were imploding and credit was next to impossible to secure, especially for risky business start-ups.
Still, Spaulding was convinced his design for a hand-held electrocardiograph device to measure the heart's reaction to certain drugs was a winner — if only someone beyond friends and family could bankroll the idea.
To read the full, original article click on this link: Nothing ventured, nothing gained? New state-backed venture capital fund pushed
