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Agenda - Economic Development Authority - 03/09/2017
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Agenda - Economic Development Authority - 03/09/2017
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3/17/2025 2:14:17 PM
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3/14/2017 11:00:51 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
03/09/2017
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i <br /> TO BUSINESS <br /> Updates <br /> ANOKA COUNTY <br /> Open To Business <br /> Kathleen DuChene—Business Advisor <br /> 1/1/2016—12/31/2016 <br /> Clients Served —224 Industry Segment <br /> Service — 116 <br /> Business Stage: Retail —43 <br /> Existing Business—97 Food - 19 <br /> New Entrepreneurs/Start-up/Pre-planning — 85 Manufacturing — 12 <br /> Client Inquiry—42* Construction — 12 <br /> *Many Client Inquiries turn into meetings later. Health & Fitness—9 <br /> Undisclosed/Undecided - 9 <br /> Wholesale/Distribution — 2 <br /> Program Hours: Technology—2 <br /> (Includes Direct Client Hours, Program Outreach <br /> & Marketing, Advisor Training, Data Collection <br /> and Administration) Client City (Number represents Business City) <br /> Andover - 16 <br /> Total Contract 2258.25 Anoka - 15 <br /> Bethel — 0 <br /> Financing thru 12/31/16: Blaine - 29 <br /> Loans Approved: Centerville - 1 <br /> Number - 6 Circle Pines - 1 <br /> Amount - $415,000 Columbia Heights - 18 <br /> Leveraged - $2,230,500 Columbus— 0 <br /> (Bank/Owner Equity) Coon Rapids -43 <br /> Micro Grants: East Bethel - 12 <br /> Number - 9 Fridley - 9 <br /> Amount - $9000 Ham Lake - 8 <br /> Credit Builder Loans Hilltop - 0 <br /> Number - 6 Lexington - 0 <br /> Amount - $1520 Lino Lakes - 9 <br /> Linwood - 0 <br /> Referral Source Nowthen - 2 <br /> City Website/Newsletters/Utility Inserts — 150 Oak Grove - 1 <br /> Other/Internet— 28 Other Counties/Undecided/Undisclosed - 33 <br /> Bank Referral — 22 Ramsey - 24 <br /> Friends/Family—13 St. Francis - 3 <br /> No Referral Source - 7 Spring Lake Park— 0 <br /> Existing Business Owner—4 <br />
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