Money for Growth’

A recent study shows that too much early-stage venture capital for innovative technology companies is tied up in business expansion and buyout activities because of poor market conditions and greater sensitivity to risk. ‘Money for Growth’, a report published by PricewaterhouseCoopers, analyses private equity investments in the technology sector in 2002. The authors paint a sombre picture for innovative small and medium-sized enterprises (SMEs) looking for investment in the early stages of their development.
http://www.cordis.lu/itt/itt-en/03-6/policy03.htm