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Cuyahoga County creates $750K loan pool for tech startups

By JAY MILLER
9:27 am, June 23, 2008

Cuyahoga County commissioners have created a $750,000 loan pool that will target young technology startups.

The North Coast Technology Fund will offer loans of between $25,000 and $125,000 at 5% interest to small tech companies based in Cuyahoga County that have strong job-creation potential.

NorTech, the nonprofit technology support organization, will help the county evaluate loan applications.

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