2022 Wisconsin Investment Partners Associate Program (WIPAP)

SECTION I: General Information

The mission of the Wisconsin Investment Partners Associate Program (WIPAP) is to build a community of early career professionals with an interest in startups and investing that complement and extend the expertise of the Wisconsin Investment Partners (WIP) network. WIP will engage with WIPAP to screen, evaluate and mentor startups. It’s an opportunity to help develop the next generation of investors and advisors, as well as to introduce members to many entrepreneurs.

WIP is one the foremost angel investment group in Wisconsin, and has invested over $40M to date, into 75+ portfolio companies and hundreds of investment rounds. With about 100 active members, WIP members bring a wide range of backgrounds and experiences to the investment process.

WIPAP facilitates the introduction of entrepreneurs to WIP, aids in screening potential portfolio companies, and educates its members on the subject of angel investing.

There are two types of meetings that Associate members are invited to attend (plus ad-hoc meetings as they arise):

  1. WIP Deal Screen Meetings – WIP meets on the third Wednesday of every month for deal screening. The deal screening groups review business plans, meet with entrepreneurs, and decide which companies to recommend for presentation to the entire group at a general investment meeting.
  2. WIP General Member Meetings – WIP meets every other month. The agenda at these pitch meetings typically consists of time to network, time for entrepreneurs to present their plan, engage in a discussion with members, and for members to have members-only discussion time to consider the business(es) being presented.

Benefits of Membership in WIPAP

  • Gain knowledge of the angel investment process;
  • Learn how to evaluate startups;
  • Learn how to structure investments;
  • Strengthen your network of connections – both WIPAP and WIP;
  • Meet entrepreneurs and learn about their companies;
  • Opportunity to participate as an active member of deal screening and evaluation committees;
  • Connect with and mentor high value startups;
  • Attend WIP networking events with portfolio company representatives and/or other presenters;

SECTION II: Member Code of Conduct and Application forms

To join Wisconsin Investment Partners Associate Program (WIPAP) an applicant must:

  1. Be referred by an existing member of Wisconsin Investment Partners (WIP);
  2. Not be raising money for his/her own venture;
  3. Agree to abide by the terms and conditions of this Membership Agreement and Code of Conduct and pay the annual dues, set from time to time by the Co-Managers. As of January 1, 2022, the annual fee determined by the WIP Co-Managers is $300.

Applications are reviewed and approved by the Co-Managers. The WIP Co-Managers will determine at its sole discretion the eligibility of any individual to join as a member of WIPAP. Membership fee is non-refundable in the event membership is revoked or terminated by the WIP Co-Managers for failure to abide by the Member Code of Conduct.

Member Code of Conduct

  1. I will conduct myself in a professional manner at all times.
  2. I will respect the privacy of other members and will not contact members in bulk nor provide their name to any third party without their permission.
  3. I will keep membership and deal flow information confidential and will not disclose deal opportunities to third parties.
  4. I understand and recognize that WIP activities are focused on investment pursuits and will not personally charge a startup business a fee for access or introduction to any angel group, angel fund or any activity of WIP.
  5. I will disclose to the WIP Co-Managers any relationship I have or may have with a presenting company, including any personal gain I may receive from the company. I likewise will not solicit any presenting company for opportunities for myself without making prior notification to the WIP Co-Managers.
  6. I acknowledge that dues, fees and expenses billed to me represent cash flow management for the organization and will pay all within 30 days of receipt.

Please download the PDF form, complete the application and return to WIP Co-Manager Brad Bodden.

WIP Associate Program Summary2022