Georgia Program to Make First Investment to Foster Startups
Tuesday, January 5th, 2016
A long-stalled Georgia program created to use taxpayer money to attract more funding for homegrown firms is set to make its first investment with a plan to funnel $3 million into an Atlanta-based financial services venture capital fund.
The investment in TTV Capital would be the first by the Invest Georgia program, a favorite of Lt. Gov. Casey Cagle and the Metro Atlanta Chamber that was launched in 2013 by supporters who hope to eventually pump $100 million in state funding into young businesses that could transform Georgia into a startup hub.
