City of Texas City
Venture Capital - TEXAS CARPO ACT
Historically there has been a shortage of capital to grow small and early stage businesses in the State of Texas. In 2005 the State of Texas passed legislation that enabled the use of insurance premium tax credits to target investment to small and early stage businesses in the State of Texas. This legislation, The Texas CAPCO Act, created $200 million of investment capital for businesses located in the State. The program targets investment in early stage companies throughout Texas, with a portion of the investment targeted to low-income areas. Click here to learn more about our Sources of Capital.
