Section 17 Functions; director of entrepreneurial and small business development; duties - Massachusetts Statutes

Section 17. The division shall develop and utilize the services, resources and expertise of existing educational, business, industrial and financial institutions and their personnel provided on a voluntary basis, and shall work in full cooperation with said institutions and personnel to fully implement the policies and programs of the division.

There shall be in MOBD a director of entrepreneurial and small business development knowledgeable in business investment and financing who shall develop and maintain continual liaison and contact with major financial institutions in the commonwealth and who shall be knowledgeable in federal programs to assist small business and have the mandate to develop and maintain the cooperation of federal agencies. Such financial institutions shall include, but not be limited to, banks, savings institutions, brokerage firms, insurance companies, mutual funds and investment corporations. The director shall secure and maintain the cooperation, expertise and assistance of such financial institutions in implementing the intent of this chapter.