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Economic Development Authority (EDA) <br />Meeting Date: 03/08/2018 <br />By: Katie Schmidt, Administrative Services <br />4. 4. <br />Title: <br />2018 Business of the Year <br />Purpose/Background: <br />The purpose of this case is to select the 2018 Ramsey Business of the Year, an annual selection made by the EDA. <br />The Ramsey Business of the Year is selected from a list of 3-6 candidates (known as the "small list"). The purpose <br />of the small list is to narrow down the voting/ analysis process to a small pool of candidates. Said candidates are <br />asked to answer a set of questions that demonstrate their exemplary standing in each of these four categories: length <br />of tenure in Ramsey, number of employees/job creation, community involvement, and what makes them innovative <br />and unique. The small list makes for a more efficient and effective process for the EDA. <br />The small list of candidates is derived from a "large list." The large list was updated by the EDA in 2016. Both lists <br />are attached to this case. <br />Notification: <br />NA <br />Observations/Alternatives: <br />NA <br />Funding Source: <br />EDA misc. operating supply <br />Recommendation: <br />Based on last years EDA meeting to select the 2017 Business of the Year, the EDA indicated that Zero Zone should <br />receive a strong recommendation to be considered for the 2018 Business of the Year. As a result, staff is bringing <br />forward that recommendation to this meeting. If the EDA wants to take a step back, and consider other candidates, <br />staff will bring this case back in April/ May. <br />Action: <br />Motion to select <br />as the 2018 Ramsey EDA Business of the Year. <br />Attachments <br />Business of the Year Answers <br />The Lists <br />Form Review <br />Inbox Reviewed By Date <br />