Early Stage Funding Looking Up
May 18, 2010
A recently-released study from the National Association of Seed and Venture Funds and Temple University's Fox School of Business found that seed-stage investments are up 40% over last year. The Pittsburgh Business Times reports that the study, which compared the 12 months ended March 31 with the previous year, indicates a "positive step" for the economy as shown in results from surveying 650 NASVF member funds and organizations. While the study showed a 10% increase in the percentage of companies able to access commercial bank funding, it also shows that there is a great need for seed funding for companies in Pittsburgh. Read the complete article at the Pittsburgh Business Times.
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