Filling the Financial Gap

Abstract

Venture Capital investments jump-start countless new enterprises--entirely new arenas of technology and commerce--fertilizing new businesses which otherwise might never have a chance to blossom. But private equity funds dip only so deeply into the pool of business proposals, and a major funding gap exists for new ventures striving to come to life--particularly in underdeveloped and distressed areas of the country. State Venture Capital Funds and Community Development Venture Capital Funds are attempting to fill the gap, making long-term