Walker Signs Wisconsin Venture Capital Bill

Thursday, 18 Jul 2013 01:08 PM

By Bill Hoffmann

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Wisconsin Gov. Scott Walker will ink an ambitious venture capital bill to pump $25 million in taxpayer money into start-up companies, the Milwaukee Journal reports.

The Badger State’s top Republican lawmaker is expected to sign the legislation Thursday in a ceremony at a print-finishing and digital die-cutting plant in Milwaukee.

The bill focuses on companies in agriculture, information technology, engineering, advanced manufacturing, and medical devices, the newspaper said.

Walker said the legislation will help Wisconsin lure private investment to companies with growth potential.

"Wisconsin is reinvigorating its entrepreneurship," said state Rep. Mike Kuglitsch, who co-authored the bill.

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