Developing Funding Opportunities in Montana

Rep. Keane’s funding bill for the capital equity investment act was heard yesterday in appropriations. Funding for the act is also in the Governors budget, which was reviewed for the first time yesterday morning as well by an appropriations subcommittee. Both had good hearings.

The Frontier Fund is a member managed, early stage fund that makes direct investment in companies.

“This program is ideal for emerging companies that need a small seed investment and active assistance from experienced entrepreneurs and executives.”

The Keiretsu Forum Boise/Sun Valley will hold its first meeting Jan. 18, at the Hillcrest Country Club, the organization said in a press release.

The San Jose City Council voted unanimously Nov. 14 to create a $3 million fund that it will invest in local companies that it hopes will go on, in the long run, to create wealth and jobs — in San Jose.

These venture capitalists are in it for profit – and social change.

There is a podcast of the Angles LIVE event held here in Colorado several weeks ago (presentations of businesses to Angel investors).

The NMTC Program attracts private-sector capital investment into the nation’s urban and rural low-income areas to help finance community development projects, stimulate economic growth, and create jobs.

A high-net-worth guy invests $250,000 in a startup company in 2006. He is eligible for a tax credit worth 20 percent of that investment if he lives in a) the United States; b) Britain; c) North Korea.

Across the country, $6.36 billion was poured into the hands of 611 companies, the report said.