Friday, November 7, 2008

City Attends Early Stage Symposium for Business Startups

At the invitation of Wisconsin Technology Council President Tom Still, Mayor Joe Chase, Alderman John Murray and Economic Development Coordinator Neil Stechschulte attended the 2008 Early Stage Symposium at Monona Terrace in Madison on November 5th and 6th. The Early Stage Symposium is an annual event for start up businesses to meet with various forms of investment groups including venture capitalists and angel investors.

"Leading the Pack: Sprint Ahead in the Race for Private Equity" was the theme of the 2008 conference. For more than 20 years, this conference and its predecessors have helped fuel Wisconsin's high-growth economy by matching investors, companies and entreprenuers. This year's conference was open early stage companies representing an array of industries: biotechnology, biofuels and products, “cleantech,” advanced manufacturing, information technology, nanotechnology and business services.

City officials staffed an informational table on Sun Prairie, had materials on the available lots south of the St. Mary's project in TIF 9 and answered questions about the development climate of the City in general. Several development contacts were made with Madison area developers, attorneys, and financial companies that had not been made before--many of whom were suprised by the extent of development occurring in Sun Prairie.

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