Developing Funding Opportunities in Montana

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Entrepreneur: LocalFund Inc. helps kick-start local businesses

Dreaming up a new business is hard. Drafting a business plan is harder. Finding a location, buying inventory, hiring employees and quitting your current job are all hard too. Gazette Staff The toughest part, however,…

Their Taxes Reduced, Iowa Insurers Keep Their Venture Fund Promise

A 5-year, $25 million economic effort spearheaded by Iowa’s largest venture capitalist and the state’s largest insurance companies bodes well for an expansion of the Iowa State University research park, said Steve Carter, the park’s…

U. of I. puts tech venture back in play, names exec

A year after controversy stalled a University of Illinois initiative to promote high-tech start-ups, trustees have hired a new executive to launch the program. By Barbara Rose Tribune staff reporter Chicago businessman John Banta, 41,…

Oklahoma State program helps establish new companies

The state’s Technology Business Finance Program would have been considered a success if even one of every four of its sponsored startup companies had survived, Randy Goldsmith said. By: Brian Brus Oklahoman But that goal…

Why Angels? Why Now?

When Rich Hansen looks at possible business ventures, he studies the financial reports and the market potential for a young company. He looks at the business model and the management team. By: Jennifer Pittman Silicon…

Illinois will invest $50MM in venture capital

The state of Illinois is ready to invest $50 million, or about 1 percent of its investment portfolio, in high-risk venture capital funds. Gov. Ryan signed a bill Monday that allows the state, for the…

Vermont rescinds tax credits for 10 companies

A state agency that tries to encourage economic development by granting tax credits took the extraordinary step Wednesday of rescinding credits it had given to 10 companies. By: David Gram Rutland Herald Fred Kenney, executive…

Kansas’ new VC law begins to draw interest

"In a challenging state economy, the state Legislature realized we needed to invest in technology development, and that’s what they did." Curious investors are starting to sniff around a new Kansas law aimed at pumping…

Federal government’s boost in VC funding comes under heavy criticism

At a time when most Silicon Valley venture capitalists are pulling back, fearful that there’s too much money chasing too few ideas, an unexpected player has pumped in even more money: Uncle Sam. By Matt…

Chicago weighs VC fund to fuel tech startups

Proposal would revitalize industry using pension money, investments A mayoral advisory panel is urging the city of Chicago to help create a venture capital fund of $100 million to $200 million to spur investing in…