Auditors suggest tracking of angel investor businesses needs improving

0
312

State auditors couldn't determine how well the Commerce Department follows procedures to ascertain whether businesses are leaving Kansas earlier than allowed under a program intended to help small, innovative startup companies.

A new legislative audit out Wednesday questioned if the agency is consistently following the processes that were developed after a 2020 audit, which found that some businesses participating in angel investors program left the state sooner . . .

SSJ

This content is restricted to subscribers. Click here to subscribe. Already a subscriber? Click here to login.