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In Silicon Valley the equivalent is the journeyman coder or web designer who loves the technology, and takes coding and U/I jobs because it’s a passion. Small business entrepreneurship is not designed for scale, the owners want to own their own business and “feed the family.&# lesson of using SBIC funds.),
” And if aspiring investment teams are looking to get together the SBIC has come back with a new VC focused program to help non-Silicon Valley communities fund companies beyond their initial angel money. It’s a very smartly designed debenture program. The key it to have “realistic capital.”
511: EXCEL Act (Introduced 3/11/2013) The EXCEL (Expanding Access to Capital for Entrepreneurial Leaders) Act amends the Small Business Investment Act of 1958 and seeks to guarantee the payment of securities issued by small business investment companies (SBICs) of up to $4 billion annually.
The ultimate dream of ELINT equipment designers was a “high-probability of intercept” receiver, one that would pick up a signal that came up on any frequency and capture even a single pulse, however brief. They would be one the first venture firms to organize their firm as a partnership rather than an SBIC or public company.
The Group is worth noting for: Investing their own private money, Reid Dennis would found Institutional Venture Partners in 1974 First group specifically investing in the valley’s electronics industry SBIC Act of 1958 During the cold war the launch of Sputnik-1 by the Soviet Union in 1957 both traumatized and galvanized the United States.
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