MTDC Survey indicates there is a capital gap for first time entrepreneurs and for entrepreneurs raising between $50,000 and $3,000,000
BOSTON, MA, Nov. 3, 2011 - The Massachusetts Technology Development Corporation (MTDC), a quasi-public, leading-edge venture capital firm, today released the results of a survey that provides a broad perspective on the state of the funding market for early stage technology companies in Massachusetts. Results from more than 300 Massachusetts entrepreneurs, investors and other members of the innovation economy strongly confirmed that there is a capital gap and it primarily exists between $50,000 and $3,000,000. As important as the size of the financing that is difficult to get, 60% of respondents indicated it is very difficult for first-time entrepreneurs to raise capital.
To read the full, original article click on this link: MTDC Aims to Help Fill Funding Gap in Support of the Innovation Economy - MTDC.com
