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Governor names private economic development board members – Organization to take equity in exchange for assistance to fund the program
July 13, 2011 /
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The organization could perform much like a venture capitalist would by offering startup money and other financial enticements to bring business and jobs to the state in return for equity in the companies. That equity could then serve as a new long-term stream of funding for the state.
By Reginald Fields, The Plain Dealer
Full Story: http://www.cleveland.com/open/index.ssf/2011/07/gov_kasichs_private_economic_d.html
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Posted in: Other Economies
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