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State's investment in early-stage businesses is changing perceptions

Madison, Wis. Attorney Joe Hildebrandt has been a part of many deals connecting promising young Wisconsin companies with investors, some close at home and others in the financial centers of the nations East and West coasts. Over the years, Hildebrandt told a legislative committee last week, he's battled the notion that Wisconsin is a "flyover state" that neit......

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The thrust of Act 255 is consistent with other major initiatives in the technology development arena. For example, the Wisconsin Technology Council produces the statewide Governors Business Plan Contest, the Wisconsin Entrepreneurs Conference, the upcoming Wisconsin Early Stage Symposium (Oct. 19-20) and events through the Wisconsin Innovation Network. In each......

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Like many laws, Act 255 isn't perfect. Still to come are changes in state securities laws that would remove penalties on investors, such as the onerous "wage lien law" that make investors liable for lost wages on companies that fail. As Madison banker Terry Grosenheider told committee chairman Ted Kanavas, the hard-charg......

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'"/> By Tom Still 08/29/05

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