Bioscience

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

March 31, 2010

By Flinn Foundation

[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