Loading

59°F

55°F

62°F

57°F

61°F

57°F

62°F

59°F

61°F

57°F

59°F

62°F
Search
NEWS STORIES

Crowdfunding bill provides new option for business fundingSubmitted: 11/07/2013
Story By Associated Press

MADISON - Companies just starting out will soon get a new way to raise money.

Governor Scott Walker heads to the University of Wisconsin research park.

He'll sign a bill allowing crowdfunding for the online sale of stocks.

The measure passed unanimously in the Legislature.

It has broad support in Wisconsin's business community.

Popular online crowd funding sites like Kickstarter only allow for people to make donations to a certain cause.

Often it's in exchange for a token of appreciation like a T-shirt or bumper sticker.

The Wisconsin bill would allow investors to purchase equity in a company.

Backers say it's a simple way to help small businesses by opening them up to a wide pool of potential investors.

Wisconsin will be one of the first states nationwide to allow for such investing through crowdfunding.

(Copyright 2013 Associated Press - All Rights Reserved)

Text Size: + Increase | Decrease -
Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

Play Video

MINOCQUA - Lakeland Union High School will undergo a major renovation project this summer.

The school's auditorium will be completely updated starting in June. Many organizations that use the auditorium had input on what they would like to see improved.

+ Read More
Woman drowns in Marathon CountySubmitted: 05/26/2015

EDGAR - Marathon County authorities say a woman has died from drowning in a pool in Edgar in central Wisconsin.

Lt. Tim Burkholder of the Marathon County Sheriff's Department says it happened some time after midnight Monday.

 While the investigation is ongoing, he says the drowning appears to be accidental.

 The department is withholding the victim's name and other details for now.



+ Read More

Play Video

ONEIDA COUNTY - Cranberry growers in the Northwoods hope this season will be better than last year's. 

Last year's late spring and cool summer hurt cranberry crops.

Growers at Lake Nokomis Cranberries in northern Oneida County think this season will be better.

+ Read More

Play Video

RHINELANDER - Prosecutors hope evidence from a garbage bag will help convict a 48-year-old Rhinelander woman of trying to make meth. Andrea Healy was bound over for trial after a preliminary hearing in Rhinelander on Tuesday.

+ Read More

MADISON - Many visitors to Wisconsin want to learn more about the native people who live here.

The head of tourism for Wisconsin's 11 American Indian tribes is trying to develop a series of TV shows that will highlight the reservations as attractive places to visit.

+ Read More

WAUKESHA - Defense experts say one of two Wisconsin girls charged as adults with trying to kill a friend to please a fictional horror character has a very low risk of future criminal behavior and a high likelihood of success in treatment.

+ Read More

MADISON - Assembly Speaker Robin Vos says efforts to take up prevailing wage repeal could hinder attempts to reform the program.

+ Read More
+ More General News
Search: 




Click Here