This week’s episode of “WisBusiness: the Podcast” is with Teresa Esser, managing director for Silicon Pastures, an angel investor network based in Milwaukee.
“We look for entrepreneurs who we believe can build strong, valuable businesses in our city and our state and region,” she said.
Since the network is based in Milwaukee, she says it’s easier to work with companies based in southeast Wisconsin. But she noted Silicon Pastures has been investing across the state and elsewhere for about two decades.
In the podcast, Esser discusses the Milwaukee Rotary Club and the Invest in Milwaukee Committee. This group has been meeting throughout the year and exploring how resources can be directed to new and emerging businesses in the city. She compares investment resources in Wisconsin with other states, breaking down how the state falls behind others.
“What would Milwaukee look like if we invested more of our risk capital right here in our early-stage businesses?” she said. “What would Wisconsin look like if we took a portion of the capitol we are currently exporting to venture capital fund managers on the east and west coasts, and we started to put that to work in Wisconsin?”