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The EFI‐sponsored Florida Different Fund offers enterprise capital for begin-up and early-stage businesses. State Enterprise Capital Programs usually take thought of considered one of two types: a state-run venture capital fund (which can embrace different non-public investors) that invests straight in businesses; or a fund of funds, which is a fund that invests in several enterprise capital funds that in flip put money into explicit person businesses. Many elements, considerably belongings and obtainable expertise, inform a state’s determination on which sort to decide on.
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