Milwaukee-based venture philanthropy investor BrightStar Wisconsin Foundation Inc. has helped Wisconsin companies create 205 jobs since it started investing in 2014.
The information was revealed in the nonprofit’s 2016 annual report, released last week. Of BrightStar’s 32 portfolio companies, seven have lost jobs since BrightStar invested in them, but the rest have held steady or added jobs.
BrightStar’s goal is to spur economic development in Wisconsin by funding early stage companies. It uses donations from state residents to invest in equity stakes in rapid-growth startups. Read the full story here.
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