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Fund of Funds program producing top jobs in Utah
April 19, 2007 /
After four years of preparation, the privately funded, state-backed $100 mil- lion Utah Fund of Funds economic development program is producing hundreds of high-paying jobs.
The program invests in venture capital firms that bankroll new Utah technology and medical science businesses strapped for cash. Since investments began last year, nine funds have poured $44 million backed by Utah tax credits into 20 start-up companies.
By Paul Beebe
The Salt Lake Tribune
Full Story: http://www.sltrib.com/business/ci_5700233
Highway 12 Ventures, Boise, Idaho http://www.highway12ventures.com/
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Posted in: Developing Funding Opportunities in Montana
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