Ed Pacheco, Democratic candidate for Secretary of State, outlined some of his no-cost ideas for growing businesses in our state at a meeting of the Rhode Island Progressive Democrats.
One is to establish a list of micro-lenders that will be able to advance promising businesses the money they need to get started, as is currently the case in New York. The other is to work out a public option so that people looking to retire from their successful, established businesses will be able to sell their business to their employees.
“We’re not only saving jobs, we’re keeping that business open,” said Pacheco, “and that would be at no cost to the taxpayers.”
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