2006 Nebraska Revised Statutes - § 81-12,107 — Legislative findings.

Section 81-12,107
Legislative findings.

The Legislature finds that:

(1) Sufficient venture capital resources exist within the State of Nebraska to meet substantial portions of the equity needs of new and high-growth business enterprises;

(2) Nebraska is a net exporter of venture capital;

(3) The venture capital needs of Nebraska business enterprises are not currently being met due to the lack of an organized approach to connecting investors with new and high-growth business enterprises;

(4) The best and primary role the State of Nebraska can play in creating an effective framework for venture capital markets is as a partner and facilitator with the private sector;

(5) Creation of a venture capital forum must be flexible and market driven;

(6) Potential venture capital investors in Nebraska need better information about their role in making equity investments and about investment opportunities in Nebraska's new and high-growth business enterprises; and

(7) Entrepreneurs and high-growth business enterprises need technical assistance in understanding equity markets and how to position themselves to receive equity funding.

Source:

Laws 2001, LB 225, § 2

Termination date December 31, 2003

~Revised Statutes Cumulative Supplement, 2006