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Wisconsin Economic Development Corporation

The Wisconsin Economic Development Corp., which Gov. Scott Walker has tasked with reviving investment-capital legislation for the 2013 session of the state Legislature, has determined three reasons this year’s proposed legislation failed.

Ryan Murray, Walker’s former deputy chief of staff who was named WEDC chief operating officer by the governor in July, was to present a memo Thursday to the quasi-public development agency’s board citing the following:

• There was no consensus in the stakeholder community behind a single proposal;

To read the full, original article click on this link: WEDC: Three reasons venture capital bill failed - Milwaukee - The Business Journal