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.
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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