Saturday, June 12, 2004
A Fort Wayne-based venture fund has assembled $500,000 in funds for early start-ups. The goal is $1.2 million. The Imagineer Fund is designed to assist technology-based businesses. The fund is designed to fill the void in seed and pre-seed financing for entrepreneurs developing new technology. Investment will be made in for-profit businesses with new technology that promise rapid growth. Investments will typically be very early stage (seed or pre-seed) in increments of $5,000 to $15,000. Read more.
The Imagineer Fund is part of a broader strategy to design a more flexible, responsive system of financing in Northeast Indiana. Learn more.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Fort Wayne venture fund launches
