Between the aversion some have to working with government and the economic climate, generally, it's understandable Tennessee and out-of-state VCs would be cautious in approaching the new TNInvestco venture capital program, launching Aug. 1, as the result of the passage of the program by the General Assembly last spring and Gov. Phil Bredesen's recent signature of the act, earlier this month. A briefing on the new program drew perhaps 75 executives associated or allied with venture firms, which could be a good thing, unless most of them ultimately opt out. Here's this morning's story.
Monday, July 27, 2009
TNInvestco Update
Between the aversion some have to working with government and the economic climate, generally, it's understandable Tennessee and out-of-state VCs would be cautious in approaching the new TNInvestco venture capital program, launching Aug. 1, as the result of the passage of the program by the General Assembly last spring and Gov. Phil Bredesen's recent signature of the act, earlier this month. A briefing on the new program drew perhaps 75 executives associated or allied with venture firms, which could be a good thing, unless most of them ultimately opt out. Here's this morning's story.
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