Intel Capital, IBM Pledge Funds to Obama’s “Startup America”
Intel Capital will put $200 million in new capital toward American technology startups as part of President Obama’s “Startup America” campaign. The firm, which is the investing arm of Intel Corp., has also joined the campaign's board of advisors. In addition, IBM said it would invest $150 million over the next year in as part of "Startup America." The public/private partnership is designed to help increase the success of American entrepreneurs by bringing together foundations, corporations and a range of federal agencies.
31 January 2011•3 mins read
