NEW Capital Fund

NEW Capital Fund is a Wisconsin-based private equity fund primarily focused on fostering growth among early-stage companies within the "New North" region of the state. Established in 2014, the fund successfully closed its first round of funding with $5.3 million in commitments, demonstrating a significant regional effort to address the capital needs of local startups. Operating out of Little Chute, Wisconsin, NEW Capital Fund plays a crucial role in supporting the entrepreneurial ecosystem by providing essential seed and early-stage capital that might otherwise be scarce in the area.

The fund's investment strategy is sector-agnostic within its geographic focus, yet it specifically targets promising ventures in life sciences, information technology, advanced manufacturing, and agriculture. These sectors were identified as key areas for innovation and economic growth within Northeast Wisconsin. NEW Capital Fund typically provides first cheques ranging from $100,000 to $500,000 per company, aiming to support businesses through critical development phases. This investment range is designed to help early-stage companies achieve milestones necessary for subsequent larger funding rounds or sustainable growth.

NEW Capital Fund was formed through a collaborative effort involving various regional stakeholders, including the BrightStar Wisconsin Foundation, which is dedicated to investing in Wisconsin-based companies to generate returns for charitable causes. This partnership underscores the fund's commitment not only to financial returns but also to regional economic development. By strategically deploying capital into innovative local businesses, NEW Capital Fund contributes significantly to job creation and the overall vitality of the "New North" economy, positioning itself as a vital local capital provider for emerging enterprises.