State lawmakers on Tuesday approved legislation that would invest millions of dollars in public and private money in Wisconsin startups despite criticism that the investment targets only limited industries.
The bipartisan legislation, sponsored by Sen. Alberta Darling, R-River Hills, would create a program that invests $25 million from the state and at least $50 million in private money in young Wisconsin companies. The investments would be limited to companies involved in agriculture, information technology, engineered products, advanced manufacturing, and medical devices and imaging.
To read the original article: Wisconsin lawmakers approve venture capital bill - Businessweek
