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Archive of: Banking & Finance Biz Report

Title Issue

State VC totals down in 2017

Wisconsin startups generated $116 million in venture capital funding in 2017 according to a report from xconomy.com based on an analysis of PitchBook and NVCA data.

January 2018

Last call for Biz Plan Contest nominees

Tech startups can still enter the Governor’s Business Plan Contest online through 5 p.m. on Jan. 31.

January 2018

State Dept. of Revenue: Tax cuts on way

The average family of four (married joint filers with two children at home and a median adjusted gross income for a family of four) should see a $2,508 tax cut due to passage of the Tax Cuts and Jobs Act, according to a release by the Wisconsin Department of Revenue, which is continuing to study the bill’s impact.

January 2018

WISTAX merger complete, now WPF

The merger of the Wisconsin Taxpayers Alliance (WISTAX) and Milwaukee-based Public Policy Forum has resulted in a new name for the combined organization: Wisconsin Policy Forum (WPF).

January 2018

Former horse fair director suspected in theft

Rhonda Reese, the Midwest Horse Fair’s executive director from 2007 until she was fired in July 2017, will likely be charged with multiple counts of theft from Horse Fair accounts.

December 2017

Associated Bank increases minimum wage

Green Bay-based Associated Bank announced that it will raise its minimum wage from $10 to $15 and distribute a one-time bonus for all hourly non-commissioned employees (55% of Associated’s staff) once federal tax reform legislation is signed into law.

December 2017

2018 IB Executive of the Year winners announced

In Business magazine has announced the 2018 Executive of the Year Award recipients.

December 2017

Former Madison broker sentenced

James Kolf, a former Sauk City investment broker, was sentenced to 3 ½ years in federal prison for taking nearly $1 million from 14 clients who believed he was investing in energy companies.

December 2017

Promega case continues

As the lawsuit continues between disgruntled Promega Corp. shareholders and company CEO Bill Linton, the shareholders — Nathan Brand, Ted Kellner, and Paul Shain —are asking that Linton’s counterclaims be dismissed.

December 2017

WEDC touts entrepreneurial support

The Wisconsin Economic Development Corp. (WEDC) provided direct assistance to 314 startup and early-stage companies that supported 2,133 full-time jobs, 717 part-time jobs, and paid $111 million in wages in 2016.

November 2017
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