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State & Local Round Up
Camden, Arkansas
The June 19, 2001 issue of The Bond Buyer reported that Camden, with a population just over 13,000, approved a one-cent sales tax to raise $6 million over four years to support downtown business revitalization efforts. Plans include construction of a business incubator and development of a 500-acre business park.
Missouri
The 2002 budget passed by the state’s General Assembly includes $1 million to support the creation of a research park in Fort Leonard Wood. The Missouri Technology Investment Fund, which supports the Electronic Materials Applied Research Center, Missouri Manufacturing Extension Partnership, Small Business Development Centers (SBDCs), Innovation Centers, and Centers for Advanced Technology received an appropriation of $5,114,652. Of the total, Governor Holden vetoed a $549,000 appropriation for the SBDCs and $200,000 for a fruit and vegetable experiment station at Southwest Missouri State University. For the full economic development appropriation bill see: http://www.house.state.mo.us/bills01/bills01/HB7.htm
Henderson, Nevada
A new business incubator in Henderson, the Henderson Business Resource Center, opened on June 16. The center, being 50 percent leased with 10 office suites, provides executive services, access to expert consultants and training for new businesses in Henderson. Startup businesses may lease space for up to two years on a sliding fee scale, according to the Las Vegas Review-Journal.
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