Oregon moves to expand venture capital investment

Friday, July 11, 2003

Joining several other states, Oregon is taking steps to deepen the pool of venture capital funds in the state. The bill, which the governor has indicated he will sign, attempts to place $100 million from public pension funds into Oregon venture capital firms by Jan. 1, 2008.

The firms will then attempt to fund Oregon-based companies. They will look outside the state if they cannot find enough good deals.

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Today in our history of innovation...

In 1936, the Triborough Bridge linking Manhattan, Bronx & Queens opened. The Triborough Bridge connects Queens, Manhattan, and the Bronx.

posted by Ed Morrison |

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