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Program Offers $200 Million to Small Texas Firms

This article from The Chamber Report announced that $200 million will become available to small Texas businesses through the CAPCO program.  The Chamber’s Technology Business Council strongly believe it will increase business successes in Texas:

When the 78th Legislature passed legislation authorizing state-certified venture capital companies, a.k.a. CAPCOs, the Chamber’s Technology Business Council (TBC) applauded.

The TBC has supported funding for all stages of business development, particularly early investment funding for companies in North Texas. The council and the regional life sciences alliance, BioDFW, host a monthly breakfast series on technology issues. Stonehenge Capital Company LLC and Advantage Capital Partners discussed the Texas CAPCO Program at the BioDFW Breakfast Series in October. Both investment firms will be CAPCO investors in 2005.

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