---
title: O.C.G.A. § 10-10-10. Creation; purpose.
collection: code
id: 10-10-10
cite_as: O.C.G.A. § 10-10-10 (2025)
canonical_url: https://georgiacommons.org/code/10-10-10
md_url: https://georgiacommons.org/code/10-10-10.md
text_url: https://georgiacommons.org/code/10-10-10/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=1294
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/10-10.md
previous: https://georgiacommons.org/code/10-10-7.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCE AND TRADE / SEED-CAPITAL FUND / INVEST GEORGIA FUND
---

# O.C.G.A. § 10-10-10. Creation; purpose.

Pursuant to the authority granted in Article III, Section IX, Paragraph VI(g) of the Constitution, there is hereby created the Invest Georgia Fund as a distinct component of the Seed-Capital Fund. The General Assembly declares that its purpose in creating the Invest Georgia Fund and enacting this legislation is to increase the amount of private investment capital available in this state for Georgia based business enterprises in the seed, early, or growth stages of business development and which require funding, as well as for established Georgia based business enterprises developing new methods or technologies, including the promotion of research and development purposes, thereby increasing employment, creating additional wealth, and otherwise benefiting the economic welfare of the people of this state. Accordingly, it is the intention of the General Assembly that the Invest Georgia Fund make investments in support of Georgia based business enterprises in accordance with the investment policy authorized and required under this article and focus its investment policy principally on venture capital funds and private equity organizations that invest in Georgia based business enterprises.

## History

Code 1981, § 10-10-10, enacted by Ga. L. 2013, p. 243, § 5/HB 318; Ga. L. 2024, p. 1052, § 2(60)/SB 448, effective July 1, 2024.

## Amendments

The 2024 amendment, effective July 1, 2024, part of an Act to revise, modernize, and correct the Code, corrected a spelling error in this Code section.