Relating to entrepreneurial development; and declaring an emergency.
Catchline/Summary:
Authorizes Oregon Business Development Department to undertake entrepreneurial development activities for traded sector industries and in rural communities.Authorizes Oregon Business Development Department to undertake entrepreneurial development activities for traded sector industries and in rural communities.
Increases cap on entrepreneurial development loans from $70,000 to $100,000.
Increases allowable period of entrepreneurial development loans from five to 10 years.
Declares emergency, effective on passage.
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SB 1563
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