Newsletter Articles

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & Associates Wednesday, March 19, 2025 IVCA BILL ADVANCESHB 1396 advanced out of the House Revenue Committee and is now poised to be considered on the floor of the Illinois House of Representatives. The bill was approved unanimously by the committee and enjoys strong bipartisan…

March 13, 2025 CHICAGO – [March 13, 2025] – Pritzker Private Capital (“PPC” or “the firm”), a leader in family direct investing, today announced the completion of its previously announced investment in Americhem, a family-owned manufacturer of custom color masterbatch, performance additive and engineered compound solutions. PPC has invested alongside members of the Juve family…

March 19, 2025 As the new member participants in the Illinois Venture Capital Association (IVCA) keeps expanding, the current membership are given new opportunities for networking, in addition to optimizing support and partnerships, which leads to guidance and new ideas for Venture Capital, Private Equity and support industries. The latest new member is the firm…

March 19, 2025 The 2025 IVCA Invitational is set for Olympia Fields Country Club on Monday, June 23, 2025 and we hope to see all you golfers there! Mark your calendars! Save the Date! Sign up for your sponsorship! Contact Kathy Pyne at kpyne@illinoisvc.org for the following sponsorships now available: Supporter level ($15,000) benefits include:…

March 19, 2025 Recently added to the IVCA membership is CSC Leasing Company represented by Jeff S. Pfeffer. IVCA: What is a brief history and background of CSC Leasing? CSC, a leading specialty finance company focused on equipment and technology leasing, has been empowering businesses for nearly four decades. What began as a family-owned operation…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & Associates Wednesday, March 5, 2025 IVCA LEGISLATION IN COMMITTEEIVCA has introduced HB 1396 to address a decision by the Illinois Department of Revenue to restrict the eligibility for a tax credit for taxes paid in other states – resulting essentially in a “double-tax” situation.…

March 5, 2025 The two issues that have emerged in the newly minted second term of Donald Trump has undoubtably been tariffs (on product from other countries) and the somewhat secretive Department of Government Efficiency (DOGE). But what will be the implications of these two programs on Venture Capital and Private Equity, and in turn…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & Associates Wednesday, February 19, 2025 IVCA BILL UPDATEThe IVCA has introduced legislation to address a decision by the Illinois Department of Revenue restricting the use of a Foreign Tax Credit for certain partnership circumstances. This arises out of the IVCA work in recent years…

February 19, 2025 As the new member participants in the Illinois Venture Capital Association (IVCA) keeps expanding, the current membership are given new opportunities for networking, in addition to optimizing support and partnerships, which leads to guidance and new ideas for Venture Capital, Private Equity and support industries. The latest new member is the firm…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & Associates Wednesday, February 5, 2025 IVCA INTRODUCES BILLS IN 104TH GENERAL ASSEMBLY The IVCA has introduced a pair of bills to address ongoing complications from the change in the definition of an investment partnership. The bills are SB 145 sponsored by Sen. Bill Cunningham,…