Jumpstarting the creation and success of startups in Wisconsin
Wisconsin Economic Development Corporation announces the creation of the Wisconsin Investment Fund, a $50 million investment pool dedicated to fueling innovative small businesses that will boost Wisconsin’s economy.
PARTNERING VENTURE CAPITAL MANAGERS WITH COMPANIES
Now in its prelaunch phase, the Wisconsin Investment Fund will partner with professional venture capital managers. Once venture capital funds are selected, the Fund will leverage the expertise of these managers to select companies for investment and will match these funds own private investments on at least a one-to-one basis, magnifying the impact of Wisconsin’s commitment.
DRIVING INNOVATION AND GROWTH
The Wisconsin Investment Fund is designed to reinvest the returns on its investments into the next generation of small businesses, creating a growing and evergreen base of capital to support innovation and economic growth. Over the next 10 years, WEDC expects to leverage more than 10 times the initial investment.
MADE POSSIBLE BY SSBCI
The Wisconsin Investment Fund’s initial capital is made possible by a grant from the U.S. Department of The Treasury’s State Small Business Credit Initiative (SSBCI).
FOR VENTURE CAPITAL FUND MANAGERS
If you manage a venture capital fund and are interested in participating in the Wisconsin Investment Fund, please review our request for qualifications.