Cooltown Studios

Friday, July 18, 2003

Investing in a local economy

Street in Dublin, Ireland

Here’s where CoolTown-oriented institutional investors are putting their capital to create sustainable job growth:

1. $1 million in matching funds (another $1 million to be matched by a public entity) for development of a specific industry, an existing local strength.
2. $1 million in matching funds for a venture capital fund to invest in that specific industry.
3. Substantial affordable office space and living units for the entrepreneurial-minded.
4. Numerous third places (see next week Monday) to catalyze informal and formal business networking.
5. Partnership with a market development firm like CoolTown Studios to ensure the participation of the best tenants within the most effective urban planning and community of commerce for economic success.


Posted by Neil Takemoto in • Economic GardeningInvestment | (0) Comments | Permalink
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