Salt Lake City-based InnoVentures Capital Partners is raising capital for its third fund.
InnoVentures which aims to raise $20m, has been preliminarily approved for the Fast Track application process for a license as a Small Business Investment Company.
Led by small business finance veterans Steve Grizzell, Scott Stenberg and Eric Petersen, InnoVentures provides growth capital to innovative small businesses in Utah and the western region. It offers loans from $25k to $1m.
FinSMEs
04/01/2013