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Venture Capital Announced at WI Capitol

News | May 30, 2024 | 0 | by Morgan McCarthy
Venture Capital Announced at WI Capitol

Wisconsin is jumping into the venture capital game.

Governor Tony Evers yesterday announced the creation of the 100-million-dollar Wisconsin Investment Fund. Half the money is coming from the state, while the other half is coming from private investors. Five firms will help manage the money, and about half of the investments are earmarked for bio-health startups and entrepreneurs. Wisconsin EDC director Missy Hughes says the idea is to help companies grow in Wisconsin, thrive in Wisconsin, and ultimately stay in Wisconsin.

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Morgan McCarthy

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