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433 total votes
Half right and half wrong program. The support of a business center that helps people write business plans probably pays for itself. Paying $15K to a winning business plan is a bad idea. Good business plans should be able to get private funding.
For the best funding option for the best business plan to be $15,000 suggests there is a huge problem of connecting good businesses to good investors.
At last Thursday's tax lien auction, about $500,000 was spent by local investors in search of a 10% return. So a local business's winning plans needs $15K from the city because it couldn't attract 3% of local investor's capital?
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