Stimulus to believe in returns


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  • | 1:13 p.m. October 10, 2011
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Local philanthropist and entrepreneur Harvey Vengroff has two distinct strategies to stimulate the economy.

One is a for-profit business incubator, a relatively simple formula of backing businesses with the right combination of promise and proven results.

Another plan, however, involves financial support of a business concept to buy farmland for sugarcane that can be converted to biofuel — decidedly more complicated. “I don't know if we will get very far with it,” Vengroff tells Coffee Talk, “but we will try.”

 

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