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Matt Nelson

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State seeing venture capital dry up: But initiatives are in the works

Tags: arizona economic resource organization, arizona fund of funds, tgen, trac, university of arizona, ventrure capital

[Source: American Chronicle] - VENTURE CAPITAL -- the lifeblood of high-tech startup companies -- fell by nearly half in Arizona last year as investors retrenched nationwide.

But a new Arizona-based venture capital fund and other recent initiatives are aimed at building a local pipeline for such private equity investments, and driving high-tech economic development in the bargain.

For more information: State seeing venture capital dry up: But initiatives are in the works to remedy that