There are two general types of economic development efforts that state government participates in:
Those that are intended to expand or retain jobs in Wisconsin or attract jobs from outside; and Those that are intended to assist start-up companies, some with new ideas for products or services, by investing "venture capital" in them. Jobs are the ultimate goal, of course, but these venture capital efforts are about building a new economy with new jobs at companies that start from scratch. It is about helping companies that may not exist, but rather are an idea in someone's head. If we have a climate where venture capital is available, when that scientist or that engineer is ready to go, the capital will be there to help get started.
To read the full, original article click on this link: Venture capital bill about jobs - JSOnline
