Michigan HB6015 amends the Michigan Strategic Fund to include small businesses in allowable uses of funds.
Michigan HB6015 amends the Michigan Strategic Fund to allow the fund to use its resources to support small businesses. The fund can provide loans, grants, investments, and technical assistance to small businesses. The bill also requires the fund to report on its activities and the impact of its programs, including details on job creation, investment attraction, and compliance with agreements. The fund must post this information on its website and make it available to the public.
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