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Crowdfunding bill provides new option for business fundingSubmitted: 11/07/2013
Crowdfunding bill provides new option for business funding
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)

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 IN OTHER NEWS
What We're Working OnSubmitted: 07/25/2017

- Tonight on Newswatch 12:

We'll take you live to the Vilas County Town of Cloverland where concerned citizens will meet to discuss the possibility of a convicted sex offender moving into their neighborhood.

Drivers on U.S. Highway 51 in Lincoln County may soon see some lane closures while crews work on some of the bridges. We'll tell you what work will be done on the bridges and how long drivers can expect to see those lane closures.

And we'll show you a week long creative arts camp in Woodruff where 5 local women artists want to share their artistic opportunities with children.

We'll bring you the details on these stories and more tonight on Newswatch 12 - news from where you live.

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WOODRUFF - Beads, paint, glue, and markers covered tables at the Northwoods Unitarian Universalist Fellowship in Woodruff Tuesday as children worked intently creating artwork. 

Five local women artists are holding a week long creative arts camp.

The camp is called "Grow Your Spirit."

It focuses on helping kids reflect who they are on the inside and out and express their spirit through art.
 
"I know that I am a better person when I do make art, and I think about the world and how I make art, and I want to have children have that opportunity," said Camp Leader Toni Polfus.

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VILAS COUNTY - When Dee Burlingame walks into the Sayner Cemetery, she walks to the very back of it, near the wooded area.

"When we bought that plot we did so laughing and saying that the deer would come and run across us," said Burlingame.

Dee and her husband of more than 34 years, John Burlingame, have called Sayner their home for many years, even though they met in Cleveland, Ohio. But about a year ago, Dee's life took an unexpected turn.

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EAGLE RIVER - "Just a lot of fun to fly," said Eagle River Union Airport manager Rob Hom.

Hom loves to share his passion for flying with others.
"There's nothing like it in the whole world," said Hom.

Hom has attended the Experimental Aircraft Association "Air Venture" in Oshkosh since 2002.

"It is truly an amazing experience," said Hom.

The EAA is an international organization of aviation enthusiasts with more than 200,000 members.

"What you see is thousands and thousands of airplanes," said Hom.

Hom wanted to share his passion for planes along with the experience of going to the largest plane show in the world.

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ANTIGO - Langlade County takes pride in having a long-standing and successful County Fair.

In fact, the 131st annual fair will open on Wednesday.

On Monday, workers were in preparation mode. Within a few days, the fairgrounds will be ready to welcome thousands of visitors to the free fair.

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RHINELANDER - Volunteers will walk the streets of the Northwoods late at night this week.  They're looking for homeless people, hoping their count gets people the help they need.

The count is part of a statewide effort that happens twice a year.  Northern Wisconsin Initiative to Stop Homelessness -- or N*WISH -- runs the count for Oneida, Vilas, Forest, and Langlade counties.

Program facilitator Lori Hallas says her teams usually don't find many people.

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GLEASON - A church volunteer in Lincoln County noticed something was not right on Friday.

Vandals struck the church in Gleason - spreading paint on the walls and even painting a satanic symbol.

The church is a historic site and isn't used regularly.

This isn't the first time the Estonian Church in the Town of Schley has been vandalized.

It's actually the third documented complaint to come from the church in the past year.

Complaints included theft, removal of doors, breaking of property and vandalism.

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