Wisconsin Angel Network is part of state’s focus on entrepreneurship

Gone are the days when economic development meant hoisting the Jolly Roger and raiding neighboring states to bring back the plunder of a major factory. Today, successful states choose husbandry over piracy. They prefer to grow their own companies from intellectual seeds planted in a fertile business climate.

Five years ago, it wasn’t necessary to use terms such as “entrepreneur,” “venture capital” or “knowledge worker” when talking about the state economy. That was before the recession of 2000, the war on terror and other global trends fundamentally changed the Wisconsin landscape. Seemingly overnight, a state that had relied for decades on the strength of its big companies discovered it had a shortage of small, innovative and often tech-savvy small companies to take their place.

Tom Still

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