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5.0. 6.0. 7.0. 8.0. EDSR 05-10-1999
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5.0. 6.0. 7.0. 8.0. EDSR 05-10-1999
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City Government
type
EDSR
date
5/10/1999
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COMMUNITY VENTURE NETWORK <br /> PELSTRING CAPITAL CORPORATION <br /> • <br /> INTRODUCTION <br /> AP rincipal reason for economic development in outstate areas is to foster growth of small to <br /> medium sized businesses. Emerging businesses find that the reduced operating costs, lower labor <br /> rates, and unified community support provide the maximum opportunities for successful business <br /> growth. <br /> Many communities have established "revolving loan funds" and/or"equity capital" programs <br /> for. purpose of fostering this type of growth within their communities. Too often, <br /> however,the community and the entrepreneur never find each other. <br /> Community Venture Network(CVN), originally founded in 1991, has been formed to assist <br /> communities in identifying these potential prospects. CVN conducts an active outreach <br /> Program to identify these emerging businesses and educate them on the benefits of seeking <br /> "outstate" community "investments." <br /> CVN <br /> S <br />
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