MassVentures launches under new name, seed fund
First-time entrepreneurs and companies needing bridge funding from seed to Series A rounds will have another avenue to get funding thanks to the state’s venture capital arm, the Massachusetts Technology Development Corporation. The MTDC, which will now operate as MassVentures, will manage a new $5 million investment capital fund to provide bridge funding needed by […]
Kenya Investment Authority creates a state-backed new venture fund
The government plans to buy stakes in small and medium sized start-ups that have no access to credit from banks to accelerate enterprise and jobs growth This will be done through a State-backed venture capital fund, which will provide funding and technical support for businesses that have difficulty accessing loans from banks or capital markets.
InvestMaryland Forum Draws More Than 200 Entrepreneurs, Venture Capitalists
BALTIMORE, MD – The Maryland Venture Fund Authorityalong with the Maryland Department of Business and Economic Development (DBED) hosted a free public forum on InvestMaryland – a state sponsored initiative to invest in the Maryland’s start-up and early stage companies. The forum, held on the Johns Hopkins University Rockville campus, drew more than 200 entrepreneurs, venture capitalists and other […]