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8.0. EDSR 10-14-1997
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8.0. EDSR 10-14-1997
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City Government
type
EDSR
date
10/14/1997
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COMMUNITY VENTURE NETWORK <br /> Public Resource Group, Inc. <br /> INTRODUCTION <br /> A principal reason for economic development in outstate areas is to foster growth of small <br /> to medium sized businesses. Emerging businesses find that the reduced operating costs, <br /> lower labor rates, and unified community support provide the maximum opportunities for <br /> successful business growth. <br /> • Many communities have established "revolving loan funds" and/or "equity capital" <br /> programs for the purpose of fostering this type of growth within their communities. Too <br /> often, however, the community and the entrepreneur never find each other. <br /> Community Venture Network (CVN), 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 <br /> seeking "outstate" community "investments." <br /> • CVN <br />
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