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Advantage Capital Partners is a leading participant in Certified Capital Company programs, which strengthen state economies by stimulating the flow of financial capital to early stage and expanding small businesses, building venture capital infrastructures, creating high-paying jobs and increasing state tax revenues. Advantage Capital currently participates in programs in Alabama, Colorado, Florida, Louisiana, Missouri, New York, Texas, Wisconsin, and Washington, D.C.
These programs enable the creation of investment pools through tax incentives for insurance companies that do business in the state, tapping a source of funds that is typically unavailable for higher risk private equity investments. The funds are raised at the beginning of the program while the tax credits are allocated over 10-year periods.
With early stage developing businesses responsible for a large proportion of job creation and employment, this dynamic segment of the economy has benefited from more encouragement by state and local governments. These state investment programs reflect this interest combined with private-sector expertise in identifying, evaluating and financing businesses. State officials provide oversight and coordination while professional venture investors in the private sector raise funds, make and manage investments.
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