MADISON (WKOW) – The state Senate is set to vote on a bill
that would invest millions of dollars in startup businesses on Tuesday.
The venture capital program created under the proposal would
contain $25 million from the state and at least $50 million in private
money. The Department of Administration
will oversee the program with the goal of helping young companies grow and
create jobs in Wisconsin.
Those who support the bill say they will give the state's
entrepreneurs some stability, but critics say a one-time investment isn't
enough to guarantee a long-term return.
Critics also say the program doesn't specify how many jobs will be
The measure passed the Wisconsin Assembly on an overwhelming
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