Twelve groups have shown interest in a state-funded venture capital program, according to documents released Thursday by the agency Gov. Scott Walker directed to explore ideas for an angel and venture capital plan.
The groups responded to a request for information by the Wisconsin Economic Development Corp. They all discussed what type of interest they might have in participating in an investment capital program.
The agency released all of the applications in response to an inquiry by the Milwaukee Journal Sentinel under the state open records law.
Among the 12 respondents were: Credit Suisse Customized Fund Investment Corp., which manages $29 billion of client commitments and is in the process of divesting the business that provided the information; a group formed by Wisconsin Capital Partners, which is run by Lorrie Heinemann, former cabinet secretary for the state Department of Financial Institutions; and the Hispanic Chamber of Commerce of Wisconsin, which is vying to allocate money to venture capital funds based on the experience of unnamed "corporate partners."
To read the full, original article click on this link: 12 groups respond to state feelers on venture capital program
