Fresh from passing a
landmark angel investor tax credit, Minnesota lawmakers are
advancing a bill that would, in time, radically alter high-tech economic
development in the state by concentrating authority in a single
public-private entity.
The proposed Minnesota Science and Technology Authority, modeled after programs like Third Frontier in Ohio and The Ben Franklin Technology Partners in Pennsylvania, will craft a long-term science and technology strategy. More importantly, it would also oversee economic development efforts, including money to retain locally grown companies and attract out of state ones.
“People felt hope” after the angel credit passed, said Sen. Kathy Saltzman (D-Woodbury). “Now that we have your attention, this is the next step.”
To read the full, original article click on this link: Minnesota seeks its own “Third Frontier” « MedCity News
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