COnovate ally, Milwaukee based Brightstar Wisconsin Foundation was recently featured in BizTimes Milwaukee. In 10 years, Brightstar has created more than 1,500 jobs and seeded more than 70 startups. BrightStar uses a “venture philanthropy” model to solicit donations and deploy them into early-stage startup companies that could create jobs in Wisconsin. The organization’s goal is to spur economic development. Donations are used to invest in equity stakes in rapid-growth startups. BrightStar gave COnovate its first angel funding, which allowed us to purchase the equipment we needed to begin producing COphite.
COnovate is proud to be a recipient of BrightStar support. We value our relationship with BrightStar and thank them for all their contributions to our continued success.