TBO.com - TBO is Tampa Bay Online

Crist Seeks Support For Business Loan Program

ADVERTISEMENT

The Tampa Tribune

Published: January 7, 2009

TALLAHASSEE - Gov. Charlie Crist is asking economic development leaders to help him persuade lawmakers to create a pilot program that would provide loans to growing businesses.

The program would provide low-interest loans of up to $250,000 to Florida businesses that have 10 to 99 employees. The businesses would have to guarantee they could create jobs with the money.

Only $8.5 million would be available for the loans, but Crist and the head of the state's Office of Tourism, Trade and Economic Development said they hope the program can be expanded after they prove it works.

Crist met with economic development leaders at the governor's mansion Tuesday to outline the idea and encourage them to seek lawmakers' support.

The Associated Press

Share this:

Loading Comments...

Email Print

ADVERTISEMENT