Answer to Question #14132 in Other Management for Jords
What support mechanisms should be in place to provide assistance to local investors or businesses?
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.