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Florida Proposes $75 Million for Startups, Venture Capital Article - Inc. Article
by Lost at 7:18 am EDT, Jun 22, 2008

In an effort to give Florida startups a boost, Gov. Jeb Bush has proposed that the state legislature earmark $75 million to provide startup and early-stage funding for fledgling companies.

The $75 million is part of a $630 million economic development package that the governor asked legislators to include in the 2006-2007 budget. The package is aimed at helping diversify Florida’s economy and reduce reliance on tourism. The state legislature has 60 days to respond from Bush’s March 7 State of the State address.

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