• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / News / Optimism for venture capital plan

Optimism for venture capital plan

November 19, 2012 By Brian Moon

A fund to help start-up companies is likely on the agenda this state legislative session after a similar bill failed last time around. Tom Still, president of the Wisconsin Technology Council, is optimistic such a proposal will pass this. He says the state budget is in better shape to fund such a venture and now there is a greater acknowledgment of the needs of entrepreneurs.

Still says the venture capital plan should have an investment fund run by not by a state agency, but by private market managers.

“What it provides is the notion that you’re really going to market-based decisions made and it really takes the politics out of it,” he says. Still says 30 other states with an angel investor/venture capital fund use this type of private management.

The council is among a coalition building consensus for a venture capital fund that would use $200 million of state tax money over six years.

AUDIO:  Still on optimism for venture capital plan (1:00)

Share this:

  • Facebook
  • Twitter

Filed Under: News, Politics / Govt



Featured Stories

Bucks hold off Pelicans for 4th straight win

WIAA Girls State Basketball Champions Underway

Wisconsin Volleyball Pauses Team Activities

Big Ten Changes Men’s Ice Hockey Tournament Dates

Marquette earns non-conference win at North Carolina (AUDIO)

TwitterFacebook

Sports Headlines

Bucks hold off Pelicans for 4th straight win

WIAA Girls State Basketball Champions Underway

Wisconsin Volleyball Pauses Team Activities

Big Ten Changes Men’s Ice Hockey Tournament Dates

Marquette earns non-conference win at North Carolina (AUDIO)

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2021 · Learfield News & Ag, LLC