States Providing Funding / Incentives for Entrepreneurs

Posted by: Mark Marich on May 05, 2010 Source: Policy Dialogue on Entrepreneurship

[HT to  Innovation Daily ]  

A recent piece on Forbes.com, “States that Truly Bet on Small Business," offers a glimpse at a Spinal Tap-esque list (it goes to 11) of states that strongly promote entrepreneurship through funding programs. Which states -- and programs -- make the list?

• Ohio: Ohio Third Frontier
• Michigan: Pre-Seed Capital Fund
• Massachusetts: Massachusetts Technology Collaborative
• Pennsylvania: Ben Franklin Technology Partners
• New York: New York State Foundation For Science, Technology and Innovation (NYSTAR)
• Texas: Texas Emerging Economy Fund
• Maryland: Maryland Technology Development Corporation
• Connecticut: Connecticut Innovations
• Maine: Maine Technology Institute
• South Carolina: SC Launch
• Indiana: Indiana 21st Century Research and Technology Fund

Most of these predictably focus on the tech sector and results are mixed -- or unclear at best -- on how successful they are in attracting significant investment from the angel & VC communities, but at least the recognition that entrepreneurs grow economies is there.

Read the full Forbes piece for more details on these programs.

Category:  Capitol Hill  Tags:  ohio, michigan, massachusetts, pennsylvania, new york, texas, maryland, connecticut, maine, south carolina, indiana