§1142. Purpose
A. The purpose of this Chapter is to improve the dissemination of
information regarding informal investment opportunities to potential investors and
entrepreneurs, and thereby stimulate the growth of small businesses in Louisiana.
B. Consistent with the purpose stated in Subsection A of this Section,
Louisiana Economic Development is directed to establish, from funds appropriated
to or otherwise available to the department, the Venture Capital Network as a
clearinghouse for information on informal risk capital investment opportunities in the
fifty-thousand-dollar to five-hundred-thousand-dollar range in Louisiana.
Acts 1987, No. 449, §1.