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Republicans criticize Doyles growth package

Kanavas: Doyles use of Patients Compensation Fund could be illegal

While Republican leaders in the State Assembly and Senate expressed support yesterday for Gov. Jim Doyles Grow Wisconsin program, Sen. Ted Kanavas -- a Brookfield Republican expressed support, but takes issue with the provisions for the state-funded venture capital authority.

Kanavas reserved his strongest......

Full article >>> onomic Development, Job Creation and Housing. We want to make sure local investors have skin -- seed capital -- in the game.

Kanavas pointed out that the allocation from the Patients Compensation Fund may not be allowable under state law. In May of this year, Doyle faced criticism for his plan to raid the fund for $200 million to ease the states budget deficit. Technically, dollars in the......

Full article >>> ilwaukee, UW-Parkside, Marquette University, and the Milwaukee School of Engineering.

If you think about seed investment or seed entrepreneurs, that is the riskiest stage to really get involved in a business, Brostrom said. Typical VC players dont get involved until there is a business plan, management is in place and there are proven customers. That is not a seed investment that is real......

Full article >>> venture capital to the state. I am very excited about the 10-year plan the state has. This is going to put the state on an all-new level when it comes to building a technology base.

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Source:wistechnology.com By Charles Rathmann 09/11/03


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