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Melissa Hughes: “The other 15% [of venture capital] is what we're fighting…”

Featuring: Melissa Hughes, Secretary and CEO of the Wisconsin Economic Development Corporation

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WisEye Morning Minute: Senate Hearing on WEDC and DWD Secretary Appointments

Published | Video Starts at 00:26

Thank you for that. And you know that what we're seeing is 85% of venture capital is living on the coast right now, Boston, New York, San Francisco. And The other 15% [of venture capital] is what we're fighting for along with the rest of the country. So if we're able to create a magnet here in Wisconsin that says to Wisconsin entrepreneurs, not only do you have a chance to access Wisconsin dollars to help your business grow, but we're going to help you draw other capital in. (00:26–00:30)

CLAIM

Asserts that only 15% of venture capital is available outside coastal cities.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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