9 financial services and venture capital investment

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Unformatted text preview: ined 2.2% from midyear 2010 to 2011. During the same period, the house price index for Colorado dropped 4.2%, and the national index fell 5.9%. Financial Services and Venture Capital Investment Boulder County has 30 FDIC-insured financial institutions with 113 offices and $6.7 billion in deposits, representing 6.9% of the state total. From midyear 2010 to midyear 2011, deposits in Boulder County’s banks rose $460 million, or 7.4%, compared to an increase of $202 million, or 3.3%, from midyear 2009 to midyear 2010. Venture capital (VC) investment in Colorado companies has started to rebound, reaching its highest levels since 2008. The high concentration of advanced technology and entrepreneurial activity in the area has continued to help fuel VC investment in Boulder County companies. According to the PwC/NVCA MoneyTree™ Report, $96 million of VC funding was received by Boulder County companies during Q3 2011, representing 61% of the state total. Emerging Industries Boulder County continues to benefit from the facilities, programs, suppliers, and workforce that support the growth of several emerging industry clusters, in...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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