TNInvestco finalists to be announced

By Kleinheider Posted on November 4, 2009 at 1:56 pm

From the State of Tennessee:

Economic and Community Development Commissioner Matt Kisber and Revenue Commissioner Reagan Farr have scheduled Thursday, November 5, 2009 at 10:00 a.m. Central time to announce the six venture capital fund finalists and two alternates for the TNInvestco program. The TNInvestco program was created by the Tennessee General Assembly in 2009 and the commissioners of ECD and Revenue were charged with allocating $120 million dollars in gross premiums tax credits to the successful applicants in order to leverage private investment in early stage and mid stage capital investment programs. The aim of the program is to attract capital to Tennessee companies and create jobs in the process.

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Tags: economic development, entrepreneurship, Matt Kisber, Reagan Farr, tax credits, TNInvestco, venture capital  

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