Tag Archives: venture capital bill

JFC Approves Contract with Fund Manager

The Joint Finance Committee announced today it approved the contract with Sun Mountain Kegonsa to provide fund manager services to the state. The JFC also authorized the release of $25…

Sun Mountain Kegonsa to Manage State Fund

The Wisconsin Department of Administration (DOA) announced recently that Sun Mountain Kegonsa has been selected to manage the state’s $25 million venture capital fund. “I thank the committee for their time and…

Walker Signs Venture Capital Bill

As expected, Gov. Scott Walker signed the venture capital bill into law today in a ceremony held at MCT, Inc. in Milwaukee. Also known as Assembly Bill 181, this new…

Senate Passes Venture Capital Bill

As expected, the State Senate today passed the proposed $25 million venture capital bill by a 29-3 vote. “This is a brilliant bipartisan plan that makes an investment in Wisconsin’s…

State Venture Capital Bill Introduced

A bipartisan group of state legislators introduced Wednesday a widely anticipated $25 investment capital bill. “Wisconsin has the basic ingredients needed to create a more vibrant startup economy – ideas,…

Walker’s Budget Has $25M for Venture Capital

Gov. Scott Walker will include $25 million for investment capital initiatives in his 2013-15 budget, which will be introduced later today. “Studies show the majority of net new jobs come from businesses less…

Optimism Builds for Venture Capital Bill

A Wisconsin venture capital bill that previously failed has a better chance of succeeding in this legislative session, according to a representative from the Wisconsin Growth Capital Coalition. Steve Lyons,…

Walker to Focus on Helping Startups

Entrepreneurs may see some more help from the State of Wisconsin in creating new businesses and jobs, according to Gov. Scott Walker. In his State of the State address Tuesday…