Arizona venture financing suffers in third quarter



Entrepreneurs and business owners seeking to file an LLC in Arizona are facing a significant decline in venture capital investment.

According to Dow Jones VentureSource, only two companies received venture financing in the third quarter of the 2010 fiscal year - a total of only $7 million. But a separate report by PricewaterhouseCoopers and the National Venture Capital Association found a total of $13.9 million.

Even so, both reports indicate an abysmal quarter for venture capitalism.

"While venture-capital investments in Arizona decreased a little more than $21 million from last quarter, it is just $5 million less as compared to the same quarter last year," Andy Coumides, partner at PricewaterhouseCoopers, told AZCentral.com. "We followed the national trend with a decline, but this doesn't point to a lack of confidence in business as evidenced by a first-time deal that took the lion's share of this quarter's financing."

Other experts have cautioned that the figures are slightly misleading, as similar declining numbers across the U.S. and region have been noted, in addition to venture funding that went unreported in the third quarter.

Tags : az, financial management, formation, small business management
Posted: Oct 28th, 2010
Annual Maintenance

Blog

Customer Service

Financial Management

Forming an LLC

Incorporating

Operations

Qualifying in Another State

Registered Agent

Sales & Marketing

Business Confidence, Business Hiring, California, Certified Documents, compliance , Corporate Agreements, Corporate Books, Corporate Bylaws, Corporate Compliance, Corporate Kits, Corporate Marketing, Corporate Minutes, corporate planning, corporation, entrepreneurship, Finance, Finances, financing, healthcare, incorporation, Leadership, LLC, Management, Marketing, New York, Operating Agreement, Operating Agreements, risk management, S Corp, Taxes, Texas, Annual filings, Arizona, Az, Business Licenses, Business licenses & permits, C corp, Ca, Certified Documents, CherryFusion has received an investment to help fund the launch of its website. , Corporation, Create an llc, Customer relationship management, Employee Management, Entity types, Entrepreneur, File for an llc, Finance, Financial management, Financing, Form an llc, Formation, How to incorporate, Incorporation, Incorporation information, Incorporation news, Jurisdictions, Llc, Llc filing, Llc formation, Lp, Marketing, New York, Ny, Operating agreement, Operating Agreements, Operations, Qualification, S corp, Sales & marketing, Small business management, Taxes, Texas, Tx,