Wisconsin Launches $100 Million Fund for State Startups and Entrepreneurs

Wisconsin has launched a $100 million Wisconsin Investment Fund, a public-private venture capital initiative to support startup businesses, with a focus on diverse businesses and the biohealth sector.
Sources (3)
Open Article
ScoreValue
Scale

4

Novelty

4

Positivity

6

Actionability

6

Society

5

Journalism

2

Highlights

  • The Wisconsin Investment Fund is a public-private venture capital initiative that will initially invest $100 million in startup businesses throughout the state
  • The fund requires the venture capital firms to match each dollar of public funds with at least one dollar of private money
  • The fund will focus on supporting diverse businesses and companies located in underserved areas of investment
  • At least $27 million of the state’s initial investment is allocated to the biohealth sector
  • The participating venture capital firms include HealthX Ventures, Venture Investors Health Fund, Serra Ventures, NVNG Investment Advisors, and Idea Fund of La Crosse

Perspectives

  • The news highlights the commitment of Wisconsin to entrepreneurship and innovation, aiming to support startups and entrepreneurs in the state. [1][3]