<...>
Much of the tobacco settlement currently goes to providing health benefits for 
poor residents and the Michigan Merit Award Scholarship for college-bound high 
school students who perform well on state standardized tests.

An 11-member board would make venture capital investments and decide which 
businesses get help with loans. A separate 19-member board would decide which 
industries and businesses should get grants to help them get off the ground.
<...>


http://www.mercurynews.com/mld/mercurynews/news/breaking_news/12765489.htm

Leigh
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