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===State and Local Policy===
====General Policy
*State governments often match the federal '''SBIR grants''' given out to small businesses.
*State and local governments often create a link between new businesses and research universities in the area.
 
====Specific State Policy====
*'''Massachusetts''' - Mass Ventures is the state-initiated capital program formed by the state of Massachusetts and run by venture capitalists to provide early-stage assistance to small businesses and startup companies with potential for high growth. All of the program's investment money remains in the state.
*'''North Carolina''' - The Research Triangle of North Carolina was formed to take advantage of three of the state's big universities, UNC Chapel Hill, NC State, and Duke, to create a zone in North Carolina where startups, research, and innovation all thrive. This triangle allows for startups to be immediately put in an area with the resources and support to succeed as well as the opportunities for research needed to thrive.
*'''New York''' - The Entrepreneurial Assistance Program (EAP) establishes centers in local communities in New York to provide structure, technical assistance and support for entrepreneurs with innovative ideas.
==Innovation==
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