Increases board member representation for micro and small businesses at the Massachusetts Development Finance Agency.
The bill proposes to amend the Massachusetts Development Finance Agency board of directors by increasing the number of members from 9 to 12. It specifies that among these members, one must have experience in supporting diverse communities, one must be a microbusiness owner, and one must be a small business owner. This change aims to enhance representation for micro and small businesses within the agency.
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