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Yesterday, Governor Granholm announced a number of new initiatives within Michigan to support the growth and liquidity within local small businesses. Granholm highlighted new funding and support for the FastTrac NewVenture program, a service providing advice and 10-week courses on launching and developing new businesses. In addition, the state government has entered agreements with the Michigan Small Business and Technology Development Centers (MI-SBTDC) and Michigan Credit Union League (MCUL) to expand credit availability to small business owners.
