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Agenda - Economic Development Authority - 03/08/2018
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Agenda - Economic Development Authority - 03/08/2018
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3/17/2025 2:27:46 PM
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5/14/2018 9:53:30 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
03/08/2018
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ANOKA COUNTY <br />Open To Business <br />Kathleen DuChene — Business Advisor <br />1/1/2017 —12/31/2017 <br />Clients Served — 207 <br />Business Stage: <br />Existing Business — 89 <br />New Entrepreneurs/Start-up/Pre-planning — 87 <br />Client Inquiry — 31* <br />*Many Client Inquiries turn into meetings later. <br />Program Hours: <br />(Includes Direct Client Hours, Program Outreach <br />& Marketing, Public Events/City Meetings, Data <br />Collection and Administration) <br />Total Contract <br />1st QTR <br />2nd QTR <br />3rd QTR <br />4th QTR <br />2252.00 <br />559.00 <br />542.50 <br />612.00 <br />538.50 <br />Financing thru 12/31/17: <br />Loans Approved: <br />Number - 6 <br />Amount - $617,000 <br />Leveraged - $9,734,660 <br />(Bank/Owner Equity/Other Outside <br />Financing) <br />Referral Source <br />City Website/Newsletters/Utility Inserts — 140 <br />Other/Internet — 34 <br />Bank Referral — 18 <br />Existing Business Owner — 13 <br />Friends/Family —2 <br />No Referral Source — 0 <br />Industry Segment <br />Service — 88 <br />Retail — 41 <br />Food - 35 <br />Construction/Real Estate — 16 <br />Manufacturing — 8 <br />Health & Fitness — 5 <br />Technology — 5 <br />Wholesale/Distribution — 4 <br />Professional/Consulting - 3 <br />Undisclosed/Undecided — 2 <br />Client City (Business/Residence) <br />Andover 20/29 <br />Anoka 16/9 <br />Bethel 0/0 <br />Blaine 20/20 <br />Centerville 0/0 <br />Circle Pines 1/2 <br />Col. Heights 10/15 <br />Columbus 1/2 <br />Coon Rapids 39/32 <br />East Bethel 9/6 <br />Fridley 8/8 <br />Ham Lake 17/21 <br />Hilltop 0/0 <br />Lexington 0/0 <br />Lino Lakes 18/18 <br />Linwood — 0/0 <br />Nowthen 1/1 <br />Oak Grove 3/5 <br />Ramsey 17/15 <br />St. Francis 8/6 <br />Spring Lake Prk 1/0 <br />Other Cities/Undecided/Undisclosed 18/18 <br />
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