Panel Sees Opportunity for State-Financed Bonds to Boost Investment in Start-Ups
Wisconsin’s CAPCO Program, which began in 1998, provided investments quickly to state-certified companies:
Wisconsin has done a good job assembling pools of angel investors with deep pockets to fund nascent companies here in the Badger State.
When it comes to raising additional money to back start-ups as they begin to grow, however, Wisconsin has fallen behind its neighbors.
But the state may be poised to create a so-called “fund of funds” worth between $100 million and $500 million – possibly backed by state-financed bonds – a panel of experts said Tuesday at a Wisconsin Technology Council luncheon.