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Business Investment Page 5 of 5 <br /> • <br /> mithiecapitalFund romneuware.ofri <br /> manufacturing or technology-related companies to grow. <br /> incl , sizeal <br /> businesses located in the 14 counties served by the Initiative <br /> Foundation and the St. Cloud Regional Office of Minnesota <br /> EligiblecTop <br /> Eligible uses of funds include the development of new products or <br /> technologies including: <br /> TechThe <br /> ••••Product researchmresearch andal developuesotawment. <br /> pro <br /> CenthdevelopandandiindividualsannAdobe®d prodpuct(s)the. <br /> puofSeed developnnntteswnemis new productand(mediumSfts). <br /> ltureeeenttog. <br /> Seed PK <br /> •Othernology.Fund.relatedose usese Viewtoand deemed appithropriatetiof by tAcrootehebat®the CentrentreaReaderl Moinnesota <br /> S <br /> Investment maximum is$50,000.Project funding requires a <br /> minimum of a 1:1 equity or cash match dollar for every dollar of <br /> Investment instruments used by the Seed Fund will generally have <br /> convertible options exercised by the Seed Fund as either direct loans <br /> or equity positions deferred for 18 months. <br /> The Central Minnesota Seed Fund is a cooperative effort of Initiative <br /> Foundation and St.Cloud Regional Office of Minnesota Technology. <br /> Download a PDF version of the Seed Investment Application <br /> dainvestdevelopmentoftrnents.MiotesmallcapacityprePrototypMarWorking) plparticipants <br /> • <br /> http://www.ifound.org/html/businvt.htmFundketrp <br /> (64u 9/5/02 <br />