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


WOOD COUNTY - We now know the names of the people involved in a Wood County Crash that killed two people Tuesday afternoon.

The Wood County Sheriff's Department says the cars crashed head-on along Highway 80 in the Town of Dexter around 3:30.

71-year-old Barbara Baldwin of New Lisbon was driving one of the cars, and died in the crash.

Her passenger, 74 year old Louise Hemenway of New Lisbon, also died.

Another passenger in the car, 72-year-old Dona Sharp, was hurt....as was the driver of the second car, 30-year-old Greg Kopelke of Wisconsin Rapids.

+ Read More

TOMAH - The Tomah VA Medical Center will end a lease agreement for a shelter for homeless veterans.

The Veterans Assistance Foundation has operated the shelter for nearly 20 years.

Tomah VA spokesman Matthew Gowan says there have been more than 30 incidents involving shelter residents recently.

They include a suicide attempt, a drug overdose and criminal violations.

The center has given the foundation notice that it will end the lease in January.

+ Read More

Play Video

EAGLE RIVER - The Northwoods didn't get a lot of bitter cold or snow early last winter.  That forced Vilas County to keep its snowmobile trails closed much later than it hoped.

But the county set its target opening date for this year, with hopes we see a very different winter.

The county set a projected date to open trails of December 12.  That allows deer hunters to get through their season without worrying about snowmobiles in the woods.

+ Read More

Play Video

MERRILL - A former Merrill High School choir teacher will go to jail after a judge found him guilty of sexual assault last month. 

26-year-old Chase Tonar will spend three years on probation and 15 years on a sex offender registry. As a part of that probation, Tonar will serve four months in jail.

Tonar had sex with a student both while he was a teacher at Merrill High School and after he resigned last May.

+ Read More

Play Video

THREE LAKES - Baseball fans in Three Lakes watched the Cleveland Indians beat the Chicago Cubs in the first game of the World Series on Tuesday night.

A few of those fans might live on Cy Williams Road, or down the street from Cy Williams Park. As they watched, they may have drawn the connection between that Northwoods man, Cy Williams, and the game they were watching on the field.

+ Read More

Play Video

MERRILL - People know Helene's Hilltop Orchard in Merrill as the place to go to get your fall season fix.

The pie makers and apple peelers come in early to crank out caramel apple pies fresh throughout the day.

When people come to Helene's, they are usually greeted by the smell of the pies before they even see them.

"I love being out in the parking lot when people step out of their cars and smell the air. It doesn't smell like a lot of other farms. It's distinctly the cinnamon sugar you smell," said Helene' Hilltop Orchard baker Olivia Telschow.

Helene's is only open for six weeks from mid-September to late October; however, Telschow works alongside her mother Helene throughout the entire year.

Even in the winter, the apple orchard is checked on.

"February is pruning season. Think of me when it's minus ten and it's snowing and windy and snow drifts because I will be out there," said Telschow.

The orchard is open from 10 a.m. to 6 p.m. through October 30th.

Helene's will close Sunday for the season, but pies will be available to order for Thanksgiving.

Call (715) 536-1207 for more information.

+ Read More

Play Video

RHINELANDER - The Rhinelander Chamber of Commerce wants to push economic growth and work closer with businesses.
But to do that, the chamber needs a new director first.  That process is just starting.

The Chamber Board of Directors voted to fire executive director Bill Clow October 3rd.  Clow had only started last December.  Eric Britton has been serving as interim director since then.

Past president and current board member Brett Aylesworth says the chamber sent out a job description to all members this week, asking if anyone is interested.

+ Read More
+ More General News

Click Here