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Capital IconMinnesota Legislature

Legislative Session number- 86

Bill Name: SF1463

Relating to economic development; requiring commissioner of employment and
economic development (DEED) to establish the greater Minnesota
business
development investment fund to provide capital to new and expanding
businesses in greater Minnesota in the form of loans to eligible organizations;
specifying investment terms; subjecting the investments to certain investment
agreement requirements; appropriating money to the commissioner to provide
loans
(rt)