54-34-13. Duties and functions of venture capital network.
79 words·~1 min read·
/nd/title-54/chapter-54-34-economic-development/54-34-13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The venture capital network may:
1. Solicit, compile, profile, and maintain current information describing opportunities for
risk capital investment in new or emerging business ventures.
2. Identify active informal investors and profile their distinguishing investment objectives.
3. Provide, for a reasonable fee, a timely, confidential, and objective referral system
serving both entrepreneurs and investors.
4. Maintain statistics on the operation of the venture capital network, including the
number of profiled entrepreneurs and investors, referrals, and referrals resulting in
investment.