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portada State Small Business Credit Initiative: Indiana's Use of Federal Funds for Other Credit Support Programs
Type
Physical Book
Language
Inglés
Pages
32
Format
Paperback
Dimensions
28.0 x 21.6 x 0.2 cm
Weight
0.10 kg.
ISBN13
9781505267990

State Small Business Credit Initiative: Indiana's Use of Federal Funds for Other Credit Support Programs

Office of the Inspector General Departme (Author) · Createspace Independent Publishing Platform · Paperback

State Small Business Credit Initiative: Indiana's Use of Federal Funds for Other Credit Support Programs - Office of the Inspector General Departme

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Origin: U.S.A. (Import costs included in the price)
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Synopsis "State Small Business Credit Initiative: Indiana's Use of Federal Funds for Other Credit Support Programs"

Indiana's Venture Capital Program makes direct investments in high-growth companies through three initiatives, the Indiana High Growth Fund, Indiana Seed Fund Holdings, and the IANF. As of September 30, 2013, Indiana had allocated $21 million of its SSBCI allocation to the Venture Capital Program, of which $9.5 million was allocated to the IANF. As of the same date, the IANF used the SSBCI funds to make 15 investments totaling approximately $2.5 million. Of the $2.5 million invested by the IANF, approximately 32 percent went to the two investments audited. Investment A, approved on July 27, 2012, totaled $499,986, and Investment B, approved on January 11, 2013, totaled $300,000.

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