Startup funding announced

One million dollars in a mix of grant and loan money will be available for early-stage Wisconsin tech startups over the next 18 months, thanks to an initiative from Wisconsin Economic Development Corp. and three nonprofits.

Community Assets for People, First American Capital Corp., and the Wisconsin Women’s Business Initiative Corp. (WWBIC), all members of Invest In Wisconsin, will contribute a total of $500,000 in seed funding, and the WEDC will provide a $500,000 matching grant.