Establishes the Office of Small Business Growth within the Michigan Strategic Fund to support small businesses.
The bill establishes the Office of Small Business Growth within the Michigan Strategic Fund to support small businesses. The office will be headed by a small business administrator appointed by the governor. The office will provide support for small businesses, including administering programs, conducting workshops, recommending changes to state statutes, and creating a one-stop website for business resources. The office will also collect and analyze data on program outcomes and submit annual reports.
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