The head of WEDC wants the agency’s $50 million venture capital fund to have an impact outside of the state’s main startup hubs of Madison and Milwaukee.
Wisconsin Economic Development Corp. Secretary and CEO Missy Hughes was the featured guest at yesterday’s WisPolitics.com luncheon in Madison. Among other topics, she discussed goals for the Wisconsin Investment Fund, supported by a grant from the federal State Small Business Credit Initiative.
“We’re really focused on making sure that that opportunity reaches to our rural areas,” she said. “It’s very easy to think about startups coming out of UW-Madison, or startups coming out of Milwaukee, but we want to be thinking about all of our different communities and what’s happening with entrepreneurs there.”