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
What We're Working OnSubmitted: 03/29/2017

- Tonight on Newswatch 12:

We'll show you scenes from the funeral and police processional for fallen Everest Metro Police Detective Jason Weiland who died in last Wednesday's shooting.

Last week the Oneida County Board approved a measure letting residents on Squash Lake form a lake district to fund the removal of Eurasian Water Milfoil. Tonight we tell you how the system works and how soon district members plan on forming a board.

And we'll show you what features will be added this summer to the Northwoods Zip Line Adventure Tours in Minocqua.

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

+ Read More

MADISON - The Wisconsin Legislature's budget-writing committee is tackling roads funding, tax cuts and Medicaid on the second of three days of state agency briefings.

The Joint Finance Committee on Tuesday was also to hear from Attorney General Brad Schimel and the new secretary of the Department of Veterans Affairs.

+ Read More

MADISON - Wisconsin Department of Health Services Secretary Linda Seemeyer says the state should be rewarded for rejecting federal money to expand Medicaid.

Seemeyer testified Wednesday before the Legislature's budget-writing Joint Finance Committee. Gov. Scott Walker rejected the Medicaid expansion money and instead took a hybrid approach to make sure everyone at poverty level or below was covered.

+ Read More

Play Video

THREE LAKES - Thunder Lake Wildlife Area draws in birders and hunters alike.

The 3,000-acre marsh in eastern Oneida County is a critical breeding ground and migratory stop for birds like sandhill cranes and chestnut-sided warblers.

It's also become an important place to the Nicolet Bird Club of Three Lakes--so important that the club decided to adopt it.

+ Read More

Play Video

MANITOWISH WATERS - Days like Tuesday make you want to get outside and maybe go for a bike ride.

It's only a matter of time until bicyclists start hitting the trails, and the bike trails in Manitowish Waters are prepared for it.

The Uihlein family established a $2 million trust fund that will pay for the bike trail's maintenance in the town.

+ Read More

MADISON - Right now you need a permit to carry a concealed weapon in Wisconsin.

That could be changing.

+ Read More

RHINELANDER - The Oneida County Sheriff's Office is looking into reports of an armed home invasion in the Town of Pelican. The incident was reported Monday morning around 6:30.

The caller said a white male wearing black clothes entered a home along County Highway P. The man was described as tall and muscular.

+ Read More
+ More General News
Search: 





Click Here