Technology | 2009.10.15
BIO Asks Congress to Help Small Businesses Find New Sources of Capital in Wake of Financial Downturn
WASHINGTON--(BUSINESS WIRE)--Small biotechnology companies developing new medical therapies and advanced biofuels need help attracting new capital, as investors have become especially risk averse. The Biotechnology Industry Organization (BIO) today conveyed support for the Small Business Early-Stage Investment Act of 2009, which would create a funding program at the Small Business Administration to stimulate growth in early-stage technology-based companies. In testimony before the House Small Bu
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