In a reflection of the nation's declining economic fortunes, venture capitalists invested less money in fewer deals last year, the first overall decline since 2003, according to the annual MoneyTree Report. There were some silver linings in the report, as investments in clean technology grew...
A Waukesha County medical technology company will receive a $100,000 Technology Venture Fund loan from the Wisconsin Department of Commerce. Eso-Technologies of Hartland also has been certified as a Qualified New Business Venture eligible for angel and early-stage capital under the Act 255 tax credit...
Mithridion, a Madison biotechnology company that is developing drugs for Alzheimer's disease and other central nervous system disorders, has raised another $2.9 million in venture capital. The latest round, led by Venture Investors, will be used for the clinical development of Mithridion's lead drug candidate,...
A coalition of Wisconsin economic development groups is advancing ideas to ramp up a program that provides tax credits to investors that commit angel or venture capital funding to qualified Wisconsin companies. The Wisconsin Growth Coalition is calling for an expansion of Act 255, a...
Cleveland, Ohio - Midwest health care startups attracted $1.1 Billion in new investments across 166 companies in 2008, ranking the region 3rd among US regions and maintaining a multi-year growth trend for Midwest health care investing. Minnesota and Ohio companies collectively attracted the most investment dollars...
The Wisconsin Legislature will face many big decisions in 2009, and one of the most important will be whether to expand the state's investment tax credit program. The program, which is credited with raising the level of angel investments in early-stage technology businesses, will be...
With typical investments ranging from $50,000 to $500,000, the newly minted Lake Superior Angel Network has agreed to focus its early-stage investments in a multi-county region stretching from Duluth, Minn., to Ironwood, Mich. Businesses located in the Lake Superior region would be given preference, but...
Lorrie Keating Heinemann, secretary of the Wisconsin Department of Financial Institutions, is among the state officials that are trying to encourage innovation and make sure the innovators have access to capital. In this Visions interview with WTN, Heinemann explains how a state strapped for budget...
The nation's depressing economy has not prevented a Chicago-based venture capital firm with a national investment focus from raising a new, $50.1 million capital fund. In fact, the tight credit market has opened financing doors for OCA Ventures that previously were handled via working capital...
When it comes to partnerships, there is no more limited arrangement than the relationship between venture investor and entrepreneur - especially when it comes to the rules that favor the investor. In this WTN Guest Column, Paul Jones, president of the Council for Innovation, strikes...