05 Jul Wisconsin’s Biohealth Tech Hub has a long list of proud parents
By Tom Still, IB InBusiness
In case you missed it, Wisconsin has been on a bit of an economic development hot streak of late.
It started in early May when Microsoft announced it will build a $3.3 billion data center in Racine County, largely to meet artificial intelligence needs. The streak grew in late May with creation of a $100-million public-private venture capital fund to help finance startups in health care, agriculture and other sectors — with emphasis on rural Wisconsin and people who don’t normally encounter early stage investors.
It continued this week when Wisconsin was named a “tech hub,” a process that began with the 2022 passage of the CHIPS and Science Act and which spurred a multi-state competition for federal dollars. The Economic Development Administration designated 12 such hubs, spread among sectors ranging from quantum computing to polymers to food technologies, with Wisconsin’s focus being personalized medicine. Read more…