The Nashville-based Global South Summit today issued a challenge to transform nutrition, health, or food production and logistics with one million dollars of seed money.
Lawmakers Set Deadline for TNInvestco Changes
Lawmakers have set a deadline for fixing a taxpayer-funded venture capital program. Auditors found numerous problems with TNInvestco, which gives state money to small businesses, in hopes they’ll become job-creating powerhouses.
Audit Finds Problems at TNInvestco
TNIvestco is supposed to turn small companies into business heavyweights, with the help of taxpayer dollars. But a comptroller’s audit says the program isn’t accounting for the money it’s spent. That makes it difficult to know how many jobs have been created with the state funds.
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