Capitol Chatter: $30 million appears headed to help businesses grow
ST. PAUL -- Legislative leaders say the governor has a good chance of getting $30 million he wants included in the next two-year budget to help businesses move to Minnesota or expand.
The Minnesota Investment Fund provided more than 600 loans, some of which do not need to be repaid, since 1985. Rural businesses received $85 million while those in the Twin Cities were given $24 million.
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