Seed capital attracts other private investment. It stimulates new companies which create new jobs. New jobs create wealth, which in turn creates more jobs.
The inverse is also true. Without the availability of seed capital, there cannot be a robust innovation economy. It just won’t happen.
And that’s been the challenge in Oklahoma. The Oklahoma Department of Commerce and the Greater Oklahoma City Chamber of Commerce have conducted studies verifying the need for seed capital dating as far as 1997.
In 2007, the Oklahoma Seed Capital Fund I, an innovative private/public partnership, was created.
Original Article: As ’10 begins, think about investment capital | NewsOK.com
