More plausibly, venture capitalists with a reputation for successfully nurturing start-ups may be offered better opportunities.
The plan, known as Project Forward, is aimed at nurturing start-ups, fostering collaboration and providing mentoring.
Venture capitalists would not put so much money and effort into nurturing start-ups if they did not dream of a lucrative IPO.
DealBook » Finding Big Start-Up Ideas, Even in Small Cities | Small cities are now nurturing start-ups by offering business incubators, accelerators and conferences for entrepreneurs, Sarah Max reported.
The choice belonged to Jacqui Rosshandler, who was about to run out of money: she could mothball her breath freshener business, Eatwhatever, and find a job, or she could accept the financial lifeline offered by Arthur Shorin, longtime owner of the Topps Company, who had sold his company and was nurturing start-ups.
Silicon Valley is known for nurturing start-ups in a way no other place can.
Of these, only three, Switzerland, Ireland, and Estonia, made it to a commendable "Stand Out" category - which means that their high levels of digital development are attractive to global businesses and investors and that their digital ecosystems are positioned to nurture start ups and internet businesses that can compete globally.
Under a retail development program begun 15 years ago, Simon Properties has always nurtured start-up merchants, said Mr. Allen.
The country lacks venture capital, a vibrant stockmarket and angel investors with technical knowledge to nurture start-ups.
