Last spring The General Assembly created Georgia’s first state-financed venture capital fund which has held $0 since. Hopefully that’s about to change.
Lt. Gov. Casey Cagle and a group of technology industry leaders are working to jump-start the Invest Georgia fund with an initial infusion of $10 million.
Stay tuned for updates.
Read more from the Atlanta Business Chronicle: http://www.bizjournals.com/atlanta/print-edition/2013/12/06/vc-fund-backers-to-renew-fight-for.html?ana=RSS&s=article_search
Check out the legislation: http://www.legis.ga.gov/Legislation/20132014/135871.pdf
[Photo Credit: MyFoxAtlanta.com]