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General Information

Websitedoa.louisiana.gov...
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Founded1997

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Louisiana Technology Innovation Fund

The Louisiana Technology Innovation Fund (LTIF) was created by Act 481 of the 1997 Regular Legislative Session to provide “seed” money for innovative agency projects. The fund was created to be an incentive to accelerate the implementation of electronic government and to encourage state agencies to pursue innovative and creative approaches using technology to provide needed citizens services most cost-effectively and efficiently.

Milestones

Investments

Company Date Round Size Participants
Esperance Pharmaceuticals 6/11Series B$7.5M4
ArcMail 1/09Venture Round$3M2
Portico Learning Solutions 3/08Venture Round$1M4
Portico Learning Solutions 12/06Series A$2.4M3

Videos

Sources

  1. Esperance Pharmaceuticals Completes $7.5 Million Series B Financing (money.msn.com) [edit]
  2. ArcMail Technology Raises $3 Million in Investment Funds (arcmail.com) [edit]
  3. Advantage Capital Invests in Louisiana's Portico Learning Solutions (globenewswire.com) [edit]
  4. Cap Funding Report [edit]
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Last Edited 6/1/11

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