Sunday, June 26, 2011

Business: 'Innovations panel tells Colorado leaders how to support job creation'

Quoting from the Denver Post article:

"Holli Riebel, the group's co-chair and chief executive of the Colorado BioScience Association, said the level of venture capital investing has been decreasing for several years. 'Our No. 1 concern among our companies and institutions is attracting capital,' Riebel said. The group recommended creating tax incentives for private investment into companies caught in a funding gap. The report said many clean-energy companies fall into a gap, or 'Valley of Death,' between early stage funding — for example, from the inventor's own pockets and angel investors — and debt and equity financing at the later stages because the risk and profitability of their technology does not fit into the typical investment parameters for capital sources."

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