Indiana's economic development legislation

Monday, May 05, 2003

Here's a good summary of economic development legislation passed by the Indiana legislature.

Indiana has created the Venture Capital Fellowship Program to help match the Indiana Future Fund with people having graduate degrees and an interest in venture capital. Fellows would help look for investments in technology companies.

Another piece of legislation encourages the Indiana Public Employee Fund and the Teachers Retirement Fund to invest a small portion of their portfolios in Indiana technology companies. At a practical level, the measure could funnel more than $20 million to the companies.

Today in our history of innovation...

In 1809, the first U.S. patent granted to a woman was issued to Mary Kies for "a new and useful improvement in weaving straw with silk or thread."


posted by Ed Morrison |

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