{
"item_title" : "State Small Business Credit Initiative",
"item_author" : [" Office of the Inspector General Departme "],
"item_description" : "Indiana's Venture Capital Program makes direct investments in high-growth companies through three initiatives, the Indiana High Growth Fund, Indiana Seed Fund Holdings, and the IANF. As of September 30, 2013, Indiana had allocated $21 million of its SSBCI allocation to the Venture Capital Program, of which $9.5 million was allocated to the IANF. As of the same date, the IANF used the SSBCI funds to make 15 investments totaling approximately $2.5 million. Of the $2.5 million invested by the IANF, approximately 32 percent went to the two investments audited. Investment A, approved on July 27, 2012, totaled $499,986, and Investment B, approved on January 11, 2013, totaled $300,000.",
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State Small Business Credit Initiative : Indiana's Use of Federal Funds for Other Credit Support Programs
Overview
Indiana's Venture Capital Program makes direct investments in high-growth companies through three initiatives, the Indiana High Growth Fund, Indiana Seed Fund Holdings, and the IANF. As of September 30, 2013, Indiana had allocated $21 million of its SSBCI allocation to the Venture Capital Program, of which $9.5 million was allocated to the IANF. As of the same date, the IANF used the SSBCI funds to make 15 investments totaling approximately $2.5 million. Of the $2.5 million invested by the IANF, approximately 32 percent went to the two investments audited. Investment A, approved on July 27, 2012, totaled $499,986, and Investment B, approved on January 11, 2013, totaled $300,000.
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Details
- ISBN-13: 9781505267990
- ISBN-10: 1505267994
- Publisher: Createspace Independent Publishing Platform
- Publish Date: January 2015
- Dimensions: 11.02 x 8.5 x 0.07 inches
- Shipping Weight: 0.22 pounds
- Page Count: 32
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