Rep. Reilly’s Legislation Designed Increase Venture Capital Investments in Rhode Island
Back in 2002, Representative Reilly introduced the Rhode Island Certified Capital Company Act:
Rhode Island, said Rep. Donald O. Reilly Jr. (D-Dist. 67) of Cumberland, currently ranks 36th in the nation in the amount of venture capital it receives for small businesses.
“Increased venture capital investments made in small businesses located in Rhode Island will lead to job creation and increased tax revenue for the state. That’s not wishful thinking. It is happening in other states all around the country and it’s time it happens in Rhode Island,” said Representative Reilly.
Date: March 23, 2010
Categories: CAPCO, Rhode Island