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Business Dcwiopment f,~,rvices inc. <br />Locally Based Venture Capital Development <br /> <br />With current tax policy at the national and state levels and the <br />impending deficit problem, cutbacks will undoubtedly continue to <br />be made in public finance program areas. As the supply of capital <br />decreases for economic development, the availability of financing <br />will rise to the top of the list of factors which are used to <br />determine site locations for commercial and industrial projects. <br /> <br />One of the best ways of attracting jobs and investment to an area <br />is by developing a pool of capital for investing in prospective <br />businesses. .BDS ~¢orks with communities to design mechanisms <br />for originating, underwriting, and financing deals in the start <br />up and early stages of Company development. Undoubtedly, you <br />have seen companies whose businesses are at the start up and <br />early development stages and are in need of capital infusions to <br />achieve their full growth potential, yet are not mature enough to <br />make an initial offering or borrow money in a traditional manner <br />from a banking institution. With a venture capital pool, a com- <br />munity can be an important asset in the start up and early stage <br />rounds of financing. <br /> <br />We help communities design venture capital programs which: <br /> <br />Receive an above average, long-term return on investment through <br />participation in projects with substantial growth potential. <br /> <br />o Use the program to preserve or create jobs for residents by <br /> assisting the small business. <br /> <br />o Provide an additional, critical source of financing to assist <br /> the community with industrial recruitment. <br /> <br /> offe_ing products and technologi==_- that <br /> ~ cc_~ help iversify the <br /> con~unity's 'economy'. <br /> <br />o Pyramid the access and flow of venture capital by seeking com- <br /> panion sources of investment funds. <br /> <br />A local venture capital pool allows a come, unity the freedom to make <br />decisions regarding investment in a potential business without the <br />impending rules and regulations imposed ky programs com~.on!y found <br />through state and federal governments. <br /> <br />For more information an the "BDS Venture CaPital Program," c&].l <br />(6!2) 57z-!492. <br /> <br />7260 UNIVERSITY AVE N.E. · 5UI.'T? 130 ,. MINNEAPOLIS, MN 554.32 ~ F'HONE: 612/574-14-92 <br /> <br /> <br />