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Group brings micro loan strategy to Wadena area

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Local nonprofit group Stimulating Economic Progress (STEP) has been chosen for a first-of-its-kind pilot project to provide micro loans to start-up businesses in hopes of spurring economic development.

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The new business development project, Minnesota BRIGHT, was launched April 16 when 24 people representing a regional cross-section met to discuss innovative options, establish goals and set priorities.

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