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February 11th, 2007
Buried in the budget proposal Gov. Jim Doyle will present to the Legislature Tuesday night is a relatively small $2 million funding item for a new Wisconsin Venture Center.
Doyle is proposing that the venture center be a separate, non-profit corporation with a 14-member board that would hire an executive director. Initially, the center's focus would be on building relationships with financiers, with the aim of linking them up with business opportunities in economic areas that the governor is trying to build, such as bio-industry, biotechnology, nanotechnology, information technology and business services.
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