Michael Best's Paul Jones, of counsel to the firm's Business Practice Group and co-chair of the Venture Best team, was quoted in the Wisconsin Business Voice article "Entrepreneurship: Wisconsin is Full of Good Ideas" in the publication's April 2016 issue.
Entrepreneurship: Wisconsin is Full of Good Ideas
Entrepreneurship is on the rise in Wisconsin. After emerging from the Great Recession, Wisconsin's entrepreneur and venture communities continue to grow at a steady pace and hold their own against their Midwest neighbors.
For Paul Jones, counsel to Michael Best and Friedrich LLP's Business Practice Group in Madison, Wisconsin's entrepreneurial climate is reminiscent of North Carolina and Research Triangle Park in the mid-1990s. "We are just getting to the inflection point of the growth curve," says Jones. "We are comparable today to places like Columbus, Ohio and Memphis, Tennessee. We are shooting for Austin, Texas status over the next decade. Historically, Wisconsin has received about half of one percent of national venture funding. We need to get to 2.5 percent or so to have a vibrant, self-sustaining, high-impact, startup-driven innovation sector."
To read the full article, click here.