Job Creation through Capital Donation
BrightStar Wisconsin Foundation has invested a combined $550,000 in three Milwaukee-based startups, the nonprofit said Thursday in a news release.
Alana Platt waits in a line at the back of an auditorium at the Monona Terrace convention center in Madison.
When it’s her turn, Platt takes her place in the spotlight, in front of a red curtain, and presents the Whitefish Bay-based company she’s been working on for the past year-and-a-half—a fundraising management tool for school districts called Classmunity.
There are 50.4 million students in the U.S. and it takes about $11,600 per year to educate each one. Many schools have to fundraise to meet these costs, but fundraising is disjointed and prone to fraud, she says.
Dear BrightStar friends:
Hopefully many of you saw the ads that we are currently running in the Milwaukee Business Journal, BizTimes and Wisconsin State Journal. For those of you that haven’t seen it, click the link below.
This is the second year that we’ve run our “donor appeal” ad campaign. Our BrightStar donors wanted everyone to know how their donations are working to keep Wisconsin’s best and the brightest in our great state by investing in early stage startups that have the potential to create many good paying jobs.
BrightStar announces investment in a job-creating Wisconsin company
MILWAUKEE, Oct. 24, 2016 – BrightStar Wisconsin Foundation Inc. today announced another 2016 investment and would like to welcome Madison-based Moxe Health into its portfolio of Wisconsin early-stage, job-creating companies.
By Molly Dill, October 24, 2016, 1:02 PM
BrightStar has been very active investing in early-stage companies that are creating high quality jobs in Wisconsin. Below is a link to a video that will update you on our progress, and has comments from nine of the companies in our portfolio. We hope you'll take a few minute to give it a view!
By Jeff Buchanan, May 25th 2016
2015 proved to be a successful year for start-up growth in Wisconsin as BrightStar made investments in 14 early-stage companies. We encourage you to click the link below to read up on the exciting things happening at BrightStar!
By Jeff Engel, 1/19/2015
Some dealmakers weren’t sure what to expect from BrightStar Wisconsin Foundation when the nonprofit, which invests donations into Badger State startups, came onto the scene in late 2013.
Turns out, the organization has proven itself not only as a valuable, albeit small, source of capital, but also as a shrewd negotiator that has pushed fellow investors to wrap up deals more quickly, supporters say. That’s a boon for both cash-strapped startups and their backers.