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MINNESOTA <br />':, ' .:./Department of Energy <br /> and Economic Development <br /> <br />I Fmanc:al .klanagcrncnr Division <br /> <br />I <br />I <br />I <br />I <br /> <br />En¢.'~' F:nance 207-173£ <br />Bu_,m,:-._~ Finance .'07-3547 <br /> <br />ANNOU 'rE"- ' <br /> <br />TO: <br /> <br />Local Governnent Officials <br />Chamber of Co~nerc~ Executives <br />Local Development Corporations <br /> <br />Development Professionals <br /> <br />Contact: <br /> <br />St. Paul, ,Mmn~...ota :: <br /> <br />David Mocol <br />612/297-1170 <br /> <br /> A new concept in economic development assistance will be featured at an <br />August conference sponscred by the U.S. Small Business Administration and <br />the Minnesota Energy and Economic Development Authority, among others. <br /> <br /> Small business incubators, subject of the conference, offer sheltered <br />environments to new or growing small businesses, including low-rent facilities, <br />shared business services and financial counseling. ~he concept is designed <br />to encourage the start-uo and survival of new businesses. <br /> <br /> Government and private development officials with an interest in financing <br />and establishing incubator facilities in their areas are invited to the con- <br />ference, at Chicago's Midland Hotel, 172 West Adams St., August 28-30. The <br />agenda will include such topics as: <br /> <br /> - What is a small business incubator? <br /> <br /> - Case studies of incubator development and management <br /> <br /> - Financing of incubators <br /> <br /> - Discussions by small business operators about their sucess with incu- <br /> bators <br /> The conference will also include a tour of the Fulton-Carroll Center, a <br />successful incubator housed in a 92-year-old building on Chicago's west side. <br />June LaValle, manager of the Fulton-Carroll Center, will speak at the confer- <br />ence. Also speaking will be James C. Sanders, SBA's national administrator; <br />Loren Schultz, president of Technology Centers International~ Sharon O'Flannigan, <br /> <br />AN EQUAL OPPORTUNITY EMPLOYER <br /> <br /> <br />