Pennsylvania, Maryland, New Jersey make technolgy-based investments

Wednesday, November 05, 2003

Pennsylvania's Governor Rendell in announced $9.8 million in state investments for technology projects. The state is making the funds available through the Ben Franklin Technology Development Authority. Read more here and here.

In Maryland, EDPros have been focused on accelerating business development from univeristies and government labs. This week, they announced a new for-profit venture, seeded with $1 million in state funds. The initial capital will total $2 million, and promoters plan for the fund to grow between $6 milllion and $8 million. Learn more.

In New Jersey, the state has announced a $10 millon life sciences fund. It will make equity investments in early-stage biotech and life-sciences companies. Read more.

posted by Ed Morrison |

Subscribe with Bloglines






Creative Commons License
This work is licensed under a Creative Commons License.
links
Google
The Web EDPro Weblog