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2018 Minnesota Statutes
Chapters 116J - 116O — ECONOMIC DEVELOPMENT AND PLANNING
Chapter 116J — EMPLOYMENT AND ECONOMIC DEVELOPMENT
Section 116J.8770 — EQUITY INVESTMENTS.
Universal Citation: MN Stat § 116J.8770 (2018)
116J.8770 EQUITY INVESTMENTS.
The commissioner may invest funds from the capital access account to make equity investments in community development venture capital funds for the purpose of providing capital for small and emerging businesses. The community development venture capital fund must have experience in equity investments with small businesses and the ability to raise private capital.
History: 2001 c 153 s 4
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