Governments are learning that investing in venture-backed companies is an excellent use of capital because it accelerates the rate of innovation while incentivizing managers in ways that research grants cannot. Through efforts like the European Investment Fund in the European Union and the Startup America partnership here in the U.S., government agencies are working with the private sector to fill in the gaps in capital support for startups and high-growth firms. And they’re counting on these investments to boost employment.
To read the full, original article click on this link: Restructuring VC Portfolios to Spur Job Creation | Xconomy
Author: Richard Irving
