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Business tligiblliry - <br />Basuress mrst salm t a plan to the admirdstrator: <br />7 <br />0 <br />4. <br />Ceacribirw duties aril mnzr-"tion, <br />frsmntitrating unit, with t]rr furr?s psoeided, <br />the business is likely to sue:cttd and continue <br />to employ do person. <br />lbe funds are necessary to allow the lsasiness <br />to begin, or employ additional people, but not <br />to fill positions drat would have otht_rwise been <br />filled. <br />The business is in carg,liancc• tid th all applicable <br />affin atine action, fait labor, health, safety, <br />and ewirormzntal stair3�rds. <br />H�ciness r^aylaacl; - <br />Lez th of participant Nroent of Payb3'Ck <br />f1 cl3%7vrr <br />0 - 6 months 704 <br />6 - IS months prop;rtional ba pay c,c <br />16 nonths + 0 Payback <br />If an ergiloyer dismisses ar, onploee for gDod cause and 1 Works in o•nd fairh with the administrator, and hires <br />anther eligible mQlatt, the payback shall apply as if <br />t)r original person ha: continued in enployTLnt. <br />Criteria of snlcrtior. of w•ivatr• sector ar]overs - <br />in allocating funds arom eligible businesses, the <br />eplolment aftiListrator shall give priority to <br />businesses which best satisfy the following criteria: <br />a. have a high potential for growth and long <br />terns job creation <br />b. are labor intensive <br />c. neet the 6efin! tion of a stall business <br />as definee in section 645.455 <br />d, make high use of local and Minnesota <br />resources <br />e. are under ck,nership of wren and minorities <br />f, male high u9.- of net• technology <br />g, produce energy conserving raterials or services <br />or are invo'.v�i in develcprent of renewal sources <br />of enemy, and <br />h. have dkir pr unary place of business in Minnesota. <br />hdditfonal pro.;: authxiza9 - <br />Purther programs are auJprizal by the h:t trat include cash <br />assistano> grans cA:ordJ'.rated through the State Public Welfare <br />Deparnnant and are scheduled to bgin October 1, 19E3. <br />FCC <br />6/83 <br />