US: Government initiatives
The US has concentrated its policy efforts on fuelling the supply (investors) of capital more than demand for it from entrepreneurs.
US: Law and policy
Specific tax incentives for venture investments have been more common at state than federal level.
US: Investments
The US makes no direct federal equity investments in entrepreneurs but provides money to agencies and states to run a number venture capital funds and funds of funds.
US: Funds and finance
There was little media coverage in the main financial press of the $1.5bn State Small Business Credit Initiative (SSBCI).
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