Should state offer more venture capital?
This week, Gov. Scott Walker is expected to unveil his proposal for a venture capital fund. Most everyone agrees that the state needs more angel and venture capital for start-up companies, which create almost all new jobs. The sticking points are just what role state government should play, how much the state should invest, and how to manage such a program.
Creating a venture capital fund was a key issue left hanging in the last legislative session. They debated but failed to pass a $400 million plan.
Do you agree that the state should be involved in offering venture capital? How much, and where should the money come from? We’ll share our perspectives in our editorial Wednesday.