Developing Funding Opportunities in Montana

Financial services company Credit Suisse First Boston LLC will manage the fund.

Now, more than ever, what this country really needs is a vibrant venture industry that can get about its business of company creation and stellar returns for its investors without a bunch of barriers thrown in its way by Washington.

We urge a comprehensive legislative initiative regarding angel investor tax credits, with specific attention to the areas of immediate behavioral reward, venture eligibility, and investment eligibility.

Common for years in the Third World, microloans are typically made not by banks but by governmental or nongovernmental agencies to businesses which, due to the size of their operations, may not easily qualify for traditional loans.

"This is building off successful economic development programs we have in place and building new ones that will set the stage for future economic growth in Wisconsin that will help companies survive the recession and come out of it stronger to compete with national and global competitors," said Lassa, chairman of the Senate Committee on Economic Development.

The Act offers $120 million in gross premiums tax credits to insurance companies that invest in companies.
The idea is to foster a wave of entrepreneurship and identify businesses that could become transformational companies that take roost in the state and create jobs, said Matt Kisber, the state’s economic and community development commissioner.

About 40 other states have similar funds, and 27 of those have dedicated funding sources, such as appropriations from state government or specific taxes, Hecker said.

Angel investors in new technologies can get tax credits of as much as $20,000 under a Colorado law that took effect Tuesday.

Roth’s ideas should be of particular interest those of you who have followed our coverage of the funding crisis. In addition to chronicling the broken venture capital model, we have written about the resurgence of angel investors, as well as alternative funding models.

The authors advise that anything a region can do to increase the number of successful venture-backed investments in a region can greatly increase the likelihood of future deals. Once a region has experienced a few successes, they are much more likely to become the home of branch offices, which in turn are prone to invest locally.