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Home > News > Mayor eyes tech sector

April 21st, 2005

Mayor eyes tech sector

Mayor Stephen Mandel is poised to ask city council to help set up a venture capital fund. "We think it would be $25 million to be invested over a four- or five-year period," Mandel said yesterday. "It's not going to go into big oil companies. It's strictly to promote the industries that we're trying to develop here - which is biotech, nanotechnology."


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