Minnesota seeks its own “Third Frontier”

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By Thomas Lee, MedCity News

“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.”

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