4.2.
Economic Development Authority (EDA)
- Meeting Date:
- 03/11/2021
- Submitted For:
- Sean Sullivan
- By:
- Sean Sullivan, Community Development
Title:
Select 2021 Business of the Year
Purpose/Background:
The purpose of this case is to select the 2021 Ramsey Business of the Year, an annual selection made by the EDA. The Ramsey Business of the Year is selected from a list of 3-6 nominees (known as the "small list"). The purpose of the small list is to narrow down the voting / analysis process to a small pool of nominees for efficiency. The small list of candidates is derived from a "large list." Said nominees are asked to answer a set of questions that demonstrate their exemplary standing in each of these four categories:
- Length of tenure in the City of Ramsey
- Number of employees / job creation
- Community involvement
- Innovation and uniqueness
Notification:
N/A
Observations/Alternatives:
We have updated responses from all six nominees, each with their own areas of excellence. The City of Ramsey is fortunate to have many great nominees for 2021 Business of the Year. The EDA should review the responses and select a 2021 Business of the Year.
The nominees include (years on the short list):
Dedicated Networks (5)
Do All Printing (3)
Dynamic Group (5)
PACT Charter School (5)
B & F Fastener Supply (1)
Armstrong Kennels (1)
Each business has its own merits and reasons that it could be selected as the 2021 Business of the Year. Last Year the EDA asked Armstrong Kennels to be added to the short list and staff moved B & F Building Fasteners to the short list due to the fact that it was named Family Business of the Year by Twin Cities Business in 2020. Additionally, the City recently renamed Central Park to Loral I Delaney Armstrong Central Park (Armstrong Kennels related).
Staff is seeking policy direction on selection moving forward.
Alternatives Include:
The nominees include (years on the short list):
Dedicated Networks (5)
Do All Printing (3)
Dynamic Group (5)
PACT Charter School (5)
B & F Fastener Supply (1)
Armstrong Kennels (1)
Each business has its own merits and reasons that it could be selected as the 2021 Business of the Year. Last Year the EDA asked Armstrong Kennels to be added to the short list and staff moved B & F Building Fasteners to the short list due to the fact that it was named Family Business of the Year by Twin Cities Business in 2020. Additionally, the City recently renamed Central Park to Loral I Delaney Armstrong Central Park (Armstrong Kennels related).
Staff is seeking policy direction on selection moving forward.
Alternatives Include:
- Select 2021 Business of the Year from one of the following: Dedicated Networks, B & F Fasteners, Armstrong Kennels
- Something else
Funding Source:
This item is covered under normal staff duties and is a budgeted EDA expense.
Recommendation:
Staff recommend selecting either Dedicated Networks, B & F Fasteners, or Armstrong Kennels.
Action:
Motion to select ____________ as the 2021 Ramsey EDA Business of the Year.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Sean Sullivan (Originator) | Sean Sullivan | 03/01/2021 05:08 PM |
| Brian Hagen | Tim Gladhill | 03/04/2021 10:19 AM |
- Form Started By:
- Sean Sullivan
- Started On:
- 02/24/2021 03:15 PM
- Final Approval Date:
- 03/04/2021