The state venture capital bill unveiled at the state Capitol this week aims to boost funding for start-up businesses in Wisconsin by creating two layers of fund managers.
Here's the process the bill lays out, in all its wonkish detail:
Under the bill, the investments would be made by venture capital funds that are chosen by the manager of a so-called "fund of funds." State officials would have no role in choosing the venture capital funds or the investments they made, only the fund of funds manager.
To read the full, original article click on this link: How the venture capital bill would work - JSOnline
