With the Democrats now in charge of the state Senate, there's a new effort to draft a bill to create a state venture capital fund to help start-up companies grow and create jobs in Wisconsin.
Venture capital legislation stalled in the legislature last year under Republican leadership. Now there's an effort to build bi- partisan support for what's being called a fund of funds. It would use about 25 million dollars in state bonding money to attract private investment funds. Thirty other states already have such funds and Tom Still of the Wisconsin Technology Council told the committee Wisconsin is falling behind the curve. He says it's time for the state to do a better job of helping local entrepreneurs start new companies and create jobs .
To read the full, original article click on this link: Wisconsin venture capital efforts renewed - PriceCountyDaily.com : Regional: price county publications, phillips bee, park falls herald, wisconsin public radio,
