Laserfiche WebLink
Economic Development Authority (EDA) 4. 1. <br />Meeting Date: 07/12/2012 <br />Submitted For: Patrick Brama By: Patrick Brama, Administrative Services <br />Title: <br />Business Retention Program Introduction <br />Background: <br />Staff would like to both introduce the concept and begin discussing the development of a business retention <br />program for the City of Ramsey. To help kick off this effort, Karen Skepper from Anoka County will be <br />presenting a business retention progam used by the County calledEconomic Gardening. <br />Observations: <br />At the conclusion of the presentation by Ms. Skepper, staff would like to breifly introduce the many tools/strategies <br />used in business retention programs: <br />• Surveys <br />• Meetings with local businesses <br />• Community events (fostering pride/networking within local economy) <br />• Publications (promoting businesses/fostering pride in local economy) <br />• Removing local obstacles (i.e. legal/physical/social) <br />• Reduce the cost of doing business <br />• Improve/enhance markets for business <br />• Enhance infrastructure used by businesses <br />NOTE: The purpose of this list is to introduce some of the common strategies targeted to assit the retention and <br />expansion of local businesses. <br />Funding Source: <br />Will be determined in subsequent discussions. <br />Staff Recommendation: <br />Provide staff with preliminary feedback to foster the initial development of a business retention and expansion <br />program. <br />EDA Action: <br />Provide staff with preliminary feedback to foster the initial development of a business retention and expansion <br />program. <br />Attachments <br />Economic Gardening <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 07/05/2012 11:09 AM <br />Form Started By: Patrick Brama Started On: 07/04/2012 10:14 AM <br />Final Approval Date: 07/05/2012 <br />