Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Dollars Dollar Bills Banknotes Money

It takes money to make money. When it comes to business start-ups, that means venture capital. We told you Sunday how Virginia is only attracting 1 percent of the nation’s venture capital, according to a recent report by the accounting firm Price Waterhouse. If the whole state is only getting 1 percent – and you’ve got to figure a big chunk of that is going to high-tech Northern Virginia – what hope is there for the rest of us? How can we ever hope to grow a technology sector in the Roanoke and New River Valleys – or any kind of new business sector – if there’s so little capital available?