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.