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Starting up: Idaho has $150,000 to give away to small businesses. Any takers?

July 3, 2008 /

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Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

I might be the most popular guy in Idaho right now. That’s what happens when you have money to give away.

The Idaho Legislature gave me a pot of money to help Idaho’s small businesses apply for federal research and development grants. Tuesday marked the beginning of the state fiscal year, which is when the money became available. I have one year to give it all away, or the funding reverts back to the state’s general fund.

Why did the Legislature set up this $150,000 fund? Why is attracting federal research money so important?

By Mark Strait – Special to the Idaho Statesman

Full Story: http://www.idahostatesman.com/business/story/432093.html

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