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Chicago’s Business Leaders Collaborate to Create, Invest and Manage the $10 Million Illinois Innovation Accelerator (i2A) Fund

Today, the Illinois Innovation Accelerator (i2A) Fund, a $10 million seed-stage, for-profit investment fund, was launched with $6.4 million in capital commitment in its first closing. Seed-stage investing has decreased since the start of the new millennium as investors have moved "up-market," leaving a "capital gap" in their wake. The i2A steps up to the plate as the state’s most innovative for-profit, early-stage investment fund.

Full Story: http://www.vcaonline.com/news/news.asp?ID=2007022606

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