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7.1. EDSR 01-13-2003
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7.1. EDSR 01-13-2003
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City Government
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EDSR
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1/13/2003
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Elk River Business Incubator Fact Sheet <br /> Last updated: January 10,2003 <br /> Page2of2 <br /> • <br /> II.b. Continued... <br /> Cash rent goes to EDA <br /> Stock is divided between: <br /> 1/3 EDA <br /> 1/3 Building Owner/Landlord <br /> 1/3 Incubator Consultant, Harlan Jacobs, Genesis Business Centers <br /> III. Technical Assistance <br /> a. Genesis Business Centers, Harlan Jacobs <br /> - Recruite &pre-qualify incubator prospects <br /> - Assist tenants to establish relationship with equity funders <br /> - Aid in process for applications to venture capital funders <br /> b. Example—Cymbet (see attached article) <br /> Secured$4.5-million in overseas investments <br /> • <br /> • <br />
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