Tuesday, November 22, 2011

TN co-investment coming

State ECD Commissioner Bill Hagerty is likely within 3 weeks or so to announce criteria for investors applying for a share of the nearly $30MM the State plans to make available for co-investment, in an initiative designed to increase early-stage capital. Tennessee Technology Development Corporation will serve purely as non-judicial administrator of the Hagerty-designed program. Here's an earlier related story on other items in Hagerty's portfolio.

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