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Senate Passes an Investment Capital Package; the Assembly Should Follow Suit

MADISON State Sen. Ted Kanavas was still beaming on Saturday, a day after the Legislatures upper house passed bills that could close Wisconsins venture capital gap and build a stronger in-state network for entrepreneurs

Not that we havent dealt with some pretty big issues this fall, but this is the most important so far to the states economy, said Kanavas, a Brookfield Republican who wor......

Full article >>> o companies whose ideas are still working their way from the laboratory to the marketplace. Under this program, investors in qualified companies that have yet to hit the market could receive tax credits.

Spend $45 million over 10 years to run regional centers that would advise entrepreneurs on intellectual property law, review their business plans and connect them to research grants and ......

Full article >>> early stage investments, aimed at sectors that create high-wage jobs, carried out with reasonable administrative costs, and designed to attract and leverage private capital.

The Senate plan meets those guidelines. It represents a serious effort that will be noticed by investors, coast to coast. The Assembly should complete the job and pass the capital bills this fall.

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Source:wistechnology.com By Tom Still 11/17/03


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