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Evers wants to emphasize entrepreneurs, innovators

Republican tax cut bill heads to Evers for likely veto.
Posted at 11:23 AM, Jan 14, 2019
and last updated 2019-01-14 12:23:43-05

MADISON, Wis. (AP) — Gov. Tony Evers wants to make it a priority for the state's economic development agency to work with entrepreneurs and supporting innovation.

Evers on Monday announced the formation of a new committee within the Wisconsin Economic Development Corporation that will focus on helping entrepreneurs.

Evers says the new committee will work with existing programs to support startup accelerators, seed capital funds, microgrants, investment tax credits and technology development loans.

Mark Hogan, the head of WEDC, says he looks forward to developing the committee and working with them to "develop new and innovative ways to enhance our increasingly vibrant entrepreneurial ecosystem."

The Republican-controlled Legislature last month changed the law to limit Evers' control over WEDC until September.

Evers has been critical of the agency, but says he won't propose doing away with it in his first budget.