A new venture capital firm, Linn Grove Ventures LLC, is taking steps toward doing business in the region.
Leaders are building awareness of the company's intent in a triangle-shaped market area that will be anchored by offices in the Sioux Falls-Brookings area, the Fargo-Grand Forks, N.D., area and Rochester, Minn.
Linn Grove plans to raise $100 million for investment funds, but don't look for a general solicitation. The money is expected to come from accredited investors - wealthy individuals and institutional investors. In other words, if you're not worth at least $1 million or make at least $200,000 annually, you probably won't get the opportunity.
To read the full, original article click on this link: Venture capital takes root in Sioux Falls | The Argus Leader | argusleader.com
Author:This email address is being protected from spambots. You need JavaScript enabled to view it.
