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| By Lara Hoffmans, Forbes, 12/14/2011 |
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Good news, Maryland. Or rather, good news, Maryland?
The state has decided to focus effort (and money) on helping fund Maryland-based start-up firms. Now, the intention is likely to increase the tax base by goading new business development. And the jobs that come with it! A laudable goal, to be sure. But one might ask, who will determine where to invest capital to get the best ROI in an inherently risky venture (as all new businesses are)? The government? (Ahem, Solyndra.)
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