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• would otherwise be lost, and if those circumstances are <br /> considered to be the result of factors other than poor <br /> management or inadequate technical skills, or (b) the aim is to <br /> begin a research and production effort that is new and for which <br /> there is inadequate space in the companies present facility and <br /> adequate facilities cannot be found elsewhere. <br /> 5. Business must be able to demonstrate credible projections which <br /> show significant job creation and growth. <br /> 6. Business must have a prepared and legally acceptable stock <br /> "offering statement" prior to entry into the business incubator. <br /> 7. Business must agree to a stock "barter" transaction whereby the <br /> EDA, building owner, and business incubator consultant would <br /> be provided company stock in lieu of services rendered. <br /> 8. Business must clearly demonstrate a need for incubator <br /> services. <br /> III. Tenant Selection <br /> Considerations which enhance a company's eligibility for admittance to <br /> the incubator: <br /> • 1. Business is considered to have the potential of creating <br /> significant employment opportunities in Elk River in the near <br /> future, provided that such business projections are deemed to be <br /> realistic. <br /> 2. Business is involved in high technology or energy technology <br /> related products. <br /> • <br />