The SBA Launches $1B Early Stage Innovation Fund

By December 12, 2011Entrepreneurship, Venture Capital

Over the past 4 years only 6% of all venture capital has been deployed in financing rounds between $1-4M, with 70% of the financings going to only three states – California, Massachusetts and New York. The Innovation Fund will target this gap, providing a 1:1 match to private capital raised by early stage seed funds. Click here to read the full White House Press Release.

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