Loading
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

CRANDON - The first annual Legionnaire Mud Challenge made its way to Crandon Saturday.

The International Off-Road Raceway welcomed nearly 200 participants ready to get down and dirty.

Men and women of all ages were brought together by the desire to work up a sweat.

"There's not a lot of opportunities like this in the northwoods, so it's always great to see one pop up," said Justin Lund.

He's an experienced obstacle course athlete and came in first in the men's 10k.

And for the women, Sheila Reynolds also took first place.
 
"It's fun and then you get other people running and you're encouraging them along in a way. It's just a great atmosphere," said Reynolds.

Athletes participating in the mud challenge had the option of running as an individual or on a team. When registering, they chose between the 5k or 10k.

Not only are these athletes getting all muddy as they're going through the race, they also have to climb over obstacles like these barrels of hay.

Some of the obstacles included a tire wall, slip n' slide, and muddy wet puddles to get through.

"I talked to a lot of the runners before we went and they said that the obstacles were tough and they really liked the course," said Beaver, one of four runners on a team.

Beaver and The Boys completed the course with only a few setbacks along the way.

"I lost my shoe in the middle of it and had to go back and find it," he said.

Athletes had to get up and over more than 15 obstacles throughout the race.

All the money raised will go to the Northwoods United Way and American Cancer Society.

The second annual Legionnaire Mud Challenge will take place next year.

+ Read More

Play Video

WINCHESTER - Just a short walk from Kristin Cibelli's parents' deck stand--or rather lie--uprooted trees and twisted fences.

"I've never seen any damage like that in the 48 years I've been coming up here," Cibelli said.

Cibelli woke up to Thursday morning's heavy rains and winds around 5:30 a.m.  The storm finally passed over the Winchester area and the family went out to look over the damage.

"Adrenaline definitely was flowing," Cibelli said.

+ Read More

MADISON - State attorneys have asked a federal judge to stay a ruling allowing people to vote without photo identification in November's election pending an appeal.

In Milwaukee this week, U.S. District Judge Lynn Adelman issued a preliminary injunction allowing people who haven't been able to obtain IDs to vote in the Nov. 8 election if they sign an affidavit explaining why they couldn't get the identification.

+ Read More

Play Video

CRYSTAL FALLS, L'ANSE - Hunters, biologists, and wildlife watchers worry about the low deer population in northern Wisconsin.

But in Michigan's Upper Peninsula, the situation is even worse.

Wildlife biologists say nearly every single fawn died after the harsh winters of 2012 and 2013, further hurting a struggling herd. In fact, the population has been on the decline since 1995.

+ Read More

LANGLADE COUNTY - A dead crow found in Langlade County last week tested positive for West Nile virus. It's the first crow to test positive in Langlade County since surveillance started for the virus on May 1.

+ Read More

MADISON - Gov. Scott Walker has appointed attorney Dan Kelly to the Wisconsin Supreme Court.

Walker's spokesman Tom Everson told The Associated Press on Friday that the governor had decided to name Kelly to the seven-member court.

Kelly will replace retiring Justice David Prosser. His appointment won't change the court's 5-2 conservative majority, however.

+ Read More
How camps are handling the heatSubmitted: 07/22/2016

Play Video

RHINELADER - During the summer months, camps look forward to welcoming campers and counselors.

But they certainly don't look forward to those hot and humid days that make it hard to enjoy being outdoors.
 
This week, Rhinelander's Camp Birchrock has focused on keeping its campers cool all day long.

+ Read More
+ More General News
Search: 




Click Here