Milwaukee 7 seeks solution to `Valley of Death` funding issue

The Milwaukee 7 economic development partnership has launched a new venture capital catalyst fund to provide capital to growth stage companies caught in the so-called valley of death funding dilemma, the organization said in a statement.

The $1 million fund will be awarded to deserving companies in the form of a tailored loan/grant mix depending on the companies’ circumstances.

"The capital is intended to help put companies into position to attract next stage funding by allowing them to afford critical services," the organization said in the statement.

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- - Volume: 5 - WEEK: 9 Date: 3/2/2017 9:00:06 AM -