Sec. 75.
In providing financial aid under this chapter, the fund shall require the preparation of a business plan following guidelines previously adopted by the fund and shall consider the amount of other capital funding and income sources available to assure the continued operation of the nonprofit research and development enterprise.
History: 1984, Act 270, Eff. Mar. 29, 1985 Popular Name: Strategic Fund
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 270 of 1984 - Michigan Strategic Fund Act (125.2001 - 125.2094)
270-1984-7 - Chapter 7 (125.2071...125.2079)
Section 125.2071 - Definitions.
Section 125.2072 - Center for Research and Development; Establishment and Operation.
Section 125.2073 - Research Center Fund; Payments Into Fund; Transfer of Money.
Section 125.2075 - Business Plan.
Section 125.2077 - Higher Education Coordination Council; Membership.