21 Mar Packers president touts TitletownTech impact
Green Bay Packers President and CEO Mark Murphy says the TitletownTech startup program “could be as impactful as anything that the Packers have done.”
He spoke yesterday at the 10th annual Wisconsin Tech Summit, held by the Wisconsin Technology Council at Lambeau Field in Green Bay. The event is designed to help early-stage companies and entrepreneurs connect with established businesses and prospective investors from across the state.
In his keynote speech, Murphy touted the importance of the TitletownTech program for both the startup companies it helps fund and the regional economy. This partnership between the Packers and Microsoft was formed about four years ago to provide investment funding and other support for emerging businesses.
“It’s an effort to attract new businesses, not just to Green Bay but also to Wisconsin, and will hopefully grow and drive initial business development in our ecosystem that will attract additional entrepreneurs and their families,” Murphy said.
The TitletownTech fund can invest between $100,000 and $2 million per company, with a focus on startups with potential for significant growth. The program primarily considers businesses in sports media and entertainment, agricultural and water technology, manufacturing, construction, supply chain solutions and digital health.