From Deseret News archives:

InnoVentures sets aside $12M in venture capital

Published: Friday, Jan. 25, 2008 12:27 a.m. MST
 |  E-MAIL | PRINT | FONT + - 
InnoVentures Capital Partners said Thursday that it has created a second fund with $12 million available for venture debt investment in early-stage service, manufacturing and technology companies.

The fund, UTFC Fund II, is a part of the family of UTFC funds that Salt Lake City-based InnoVentures manages. The first fund has provided investment in 55 companies since 2001.

InnoVentures is a licensed Small Business Investment Company that invests in small companies in Utah and surrounding states by providing subordinated debt to start-up and growing businesses. It provides entrepreneurial financing of up to $500,000.

Comments

You can be the first to comment on this story.

  1. Cave to be sealed with body inside
  2. Efforts to save a life praised
  3. Rivalry Week is highly profane
  4. BYU's old uniforms?
  5. Hall's legacy measured today
  6. Man trapped in Nutty Putty cave dies
  7. Shoppers 'experience' Black Friday
  8. Jazz share in win over Bulls
  9. Affluence abounds in Utah
  10. Cougs to host Weber St.
  1. BYU would like friendlier rivalry266
  2. Protests against Phoenix LDS temple212
  3. Thunder rolls by Jazz136
  4. Letters: Rushing to judge Palin133
  5. Boys basketball rankings128
  6. Editorial: Poor welcome for Palin112
  7. Man trapped in Nutty Putty cave dies109
  8. Letters: Trump card for believers93
  9. Rivalry Week is highly profane85
  10. Utah, BYU are top choices for bowls75

News yule use: Care, along with caring

If you're shopping online for gifts, take care. While there are some...

Jay Evensen: Ask Chaffetz

I've asked for your help on this sort of thing before – giving me...

City Creek Project

View ongoing construction of the City Creek Center.

previousnext

Latest comments

Obama to pledge 17% cut in CO2

Royal Families thank you said:

Reading this blog gives us such relief that America will never turn away from...

Running game key to BYU offense

No - Execution is the Key. said:

Ask Bonco. He says execution is the key. No really, he did. He's said it...

Budget cuts won't help in 2011

Life long Republican said:

To Regretful, I'm right there with you. I don't understand how these guys...

Predicting the unpredictable: BYU wins

Wrong Introduction said:

"There are no mysteries in today's battle between the Cougars and Utes." -...

Japan's recovery threated by deflation

Deflation? said:

Is deflation another word for devaluation? It seems to imply that....

Jazz involved in 4-team race

Forget the Division said:

will Utah hang on to the 8th seed in the West? OKC plays HOU at home next as...

Letters: Global warming a plot

Melting ice caps -- faked! said:

Oh, yes, some hacked e-mails completely explain why ice caps are melting,...

Jehovah's Witnesses meet in Ogden

acu09 said:

I love it when Danny Hazsard writes I often think he must have no life at all...

Letters: No constitutional right

Intent of Constitution said:

Our founding fathers purposely framed the Constitution to be a flexible...

Budget cuts won't help in 2011

AJ said:

I can't imagine that subsidizing 100,000+ illegal immigrants and their...

Advertisements