EDPros in Buffalo are floating big plans for promoting entrepreneurship. One idea: Use proceeds from the sale of unused hydropower to establish an investment pool of at least $5 million allocated annually, which would be used to make grants up to $250,000.
According to the article: "The grants would be awarded on a competitive basis to entrepreneurs who have graduated from college in the past 10 years, set up shop in Erie or Niagara counties and whose business would be involved in one of the six clusters economic planners have deemed to have the best potential for the region."
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