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Article: WISCONSIN EARLY STAGE SYMPOSIUM; WEDNESDAY AND THURSDAY IN MADISON; New firms look to get launched; Madison event lets 21 companies make pitch to would-be investors
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- November 13, 2007
- Author:
CopyrightCopyright 2007 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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Dave Gruenwald and his team have developed a one-of-a-kind boat.
Now all they need is the cash to float it.
It features a propeller tucked so high, the boat can operate in
12 inches of water. Its air-cooled Briggs & Stratton engine means
there's no water pump to overheat or winterizing to do.
Ven-T Boats Inc. is betting those features, plus a price tag of
$7,000 or $8,000, will generate strong sales in late 2008, when the
patent-protected fishing and recreational boat is expected to
launch.
Now all the Allenton company that makes it needs is some
enthusiastic investors with connections, expertise, "and maybe a
little passion for the product" who are willing to part with about
$2 million, ...