UNDATED, WI (WTAQ) - Wisconsinites are still among the least likely to take the risk of starting their own businesses. But they’re better at it than a year ago, according to a new survey by the Kauffman Foundation. Its annual index of entrepreneurial activity shows that 230 of every 100-thousand Wisconsin adults started new businesses each month last year. That’s about 50 more per month than in 2010, when Wisconsin was ranked second-to-last in the Kauffman survey. This time, they’re rated 40th among the 50 states. Nationally, about 320 of every 100-thousand adults started up new businesses each month last year. That’s down almost six-percent from 2010 – but it’s still one of the highest rates in the last 16 years. Former state commerce official Zach Brandon now heads the Wisconsin Angel Network, which finds investors for start-up firms – and he says a strong investing environment has fueled new companies. But Brandon said the momentum was put at risk after the Legislature failed to approve new venture capital in the two-year session which ended last month.



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