For Immediate Release BrightStar Wisconsin Foundation receives $1-million pledge from Nicholas MILWAUKEE, July 31, 2013 – The BrightStar Wisconsin Foundation, a groundbreaking philanthropic approach to supporting job creation and economic growth statewide through investment in early-stage companies, today announced it has received a $1-million pledge from Albert “Ab” Nicholas, the founder and chairman of the Milwaukee-based Nicholas Co. investment […]
Wisconsin Economic Development Corp. would provide operating funds to venture capital vehicle Wisconsin Economic Development Corp. has pledged $300,000 in operating funds for BrightStar Wisconsin Foundation Inc., a new group that is proposing an unusual plan for raising donations to make venture investments in young state companies. “The nonprofit BrightStar will provide opportunities for philanthropists […]
BrightStar Wisconsin Foundation Inc., a new Milwaukee organization that will invest in Wisconsin technology startups and is seeking nonprofit status, has received a $300,000 pledge from the Wisconsin Economic Development Corp. The WEDC investment will go toward BrightStar operating expenses and is meant to help BrightStar attract private donations to spur business growth and job […]
BrightStar Wisconsin aims to persuade the wealthy to donate to a very important cause: Wisconsin’s economy There is a famine of risk capital for young companies in Wisconsin, which is the biggest reason that good ideas that could lead to jobs are going hungry in this state. Sluggish job growth is a perilous trend that […]
It’s time to lead instead of falling further behind For at least two years now, headlines and editorials have all sounded the same theme: “State lags nation in job growth.” Thought leaders such as Tom Still of the Wisconsin Technology Council; Dan Steininger of BizStarts; Julia Taylor of the Greater Milwaukee Committee; and entrepreneur John […]
Eight business leaders and investors have joined together to create the BrightStar Wisconsin Foundation, a new nonprofit vehicle for investing in early-stage companies. The eight have pledged to contribute a total of nearly $6 million to set up the philanthropic foundation, and they expect it to raise another $60 million over the next three years. […]
Eight business leaders and early-stage investors are forming an unusual type of investment capital group: a nonprofit that will spur startups and job creation statewide through charitable donations. The co-founders have pledged nearly $6 million to establish BrightStar Wisconsin Foundation Inc., Milwaukee, and they expect to raise another $60 million over the next three years. […]
For Immediate Release Business leaders, early-stage investors announce formation of BrightStar Wisconsin Foundation to support job creation, economic growth in state MILWAUKEE, July 10, 2013 – Eight leading business leaders and early-stage investors today announced the formation of the BrightStar Wisconsin Foundation Inc., a groundbreaking philanthropic approach to supporting job creation and economic growth statewide through investment in […]
Donors getting BrightStar started; all returns would add to fund A new group led by angel investor Tom Shannon will tackle the question that has dogged Wisconsin for more than a decade: With its wealth of ideas and well-educated students, why can’t the state produce more job-creating start-up companies? Shannon and seven other businesspeople on […]
