What support mechanisms should be in place to provide assistance to local investors or businesses?
1
Expert's answer
2012-09-06T09:37:13-0400
State tax incentives to encourage venture capital investments and more recently, angel capital investments should be increased.
State technology, commercialization and economic development organizations are important in providing a variety of services to entrepreneurs and linking them with private service providers.
Seed capital and angel capital networks should be grown at the state and local levels and fill a critical early-stage gap not filled by venture capital firms.
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