Tag » South Florida Business Journal

Tech Companies Hope for Expansion of CAPCO Program

The South Florida Business Journal reports that there is a great need for venture capital in Florida and tech companies are hoping to expand the CAPCO program to meet this need:

Venture capital lobbyists are preparing a new push to expand Florida’s Certified Capital Company (CAPCO)program, and CyLex of Boca Raton is part of the case they are building for the Florida Legislature.

CyLex is moving toward profitability as an applications service provider for its clients’ Internet operations. The company credits its growth partly to venture capital it has received from a CAPCO fund.

Read more »