Lt. Governor Casey Cagle has announced Jeff Muir to serve on the Invest Georgia Board of Directors. Invest Georgia is a unique, state-based capital access program, designed to drive business growth and job creation in Georgia.

“This innovative partnership has proven very effective, maximizing Georgia's existing assets and providing new possibilities for startups to capitalize on promising ideas and business plans,” said Lt. Governor Cagle. “Jeff’s extensive knowledge and experience adds immense value to Invest Georgia as we work to make Georgia the “Silicon Valley of the South.””

Established by the Georgia General Assembly in 2013, IG is a long-term investment program designed to grow and mentor current and new Georgia Venture Capital and Private Equity Investment Funds. The IG Program emphasizes return on investment as well as Georgia economic and social development. By working with local venture capital and private equity funds, the IG Program helps improve success opportunities for Georgia-based businesses incubated and growing within the state.

“Invest Georgia is a critical program to maintain and extend our state’s leadership position, and I am looking forward to serving on its board and working to close our current capital gap,” said Mr. Muir. “Georgia is blessed with all the ingredients for a robust entrepreneurial environment that enables small businesses to grow rapidly, except sufficient capital to fund the numerous promising ventures.”

Early and growth stage companies commonly encounter a capital access problem between initial business funding and institutional expansion funding. The IG program creates an environment where Georgia-based investment funds and Georgia-based companies can work together to solve this problem. IG enhances an already favorable business climate by fostering innovation, capital investment and the creation of new business entrepreneurs in the state.