5.1.
Economic Development Authority (EDA)
- Meeting Date:
- 03/03/2016
- Submitted For:
- Patrick Brama
- By:
- Patrick Brama, Administrative Services
Title:
Open-to-Business Program Update
Purpose/Background:
Open-to-Business Program Update
Notification:
Observations/Alternatives:
January 1 – December 31st, 2015
Number of Clients Served - 18
Industry Segment
Types of Businesses
Referral Source – Municipality (Website, Newsletter, City Staff) (Generally, notices in City Newsletters and Utility Bill Inserts have provided the most referrals/calls.)
Examples of Technical Assistance Provided
Comments/Notes:
Number of Clients Served - 18
- Inquiries - 4
- Start-up Business - 6
- Existing Business - 8
Industry Segment
- Retail - 0
- Service – 12
- Manufacturing – 1
- Food Manufacturing/Food Grower – 3
- Construction - 2
- Technology - 0
- Undecided - 0
Types of Businesses
- Video Production Services
- Commercial Realty
- Food Manufacturing
- Dance Studio
- Fitness Center
- Construction/Specialty Concrete
- Accounting/Investment Firm
- Appliance Repair
- < >Assisted Living Center
- Printing Services
- Engineering/Manufacturing Electronics
- Electric Guitar Repair Services
- < >Automotive Repair/Maintenance
- Hops Farm
Referral Source – Municipality (Website, Newsletter, City Staff) (Generally, notices in City Newsletters and Utility Bill Inserts have provided the most referrals/calls.)
Examples of Technical Assistance Provided
- Marketing – brainstorm ways to increase sales and business exposure, look at offering other services, increase presence on line and social media avenues.
- Professional Referrals (Accountants, Bookkeepers, Legal/Law, Insurance, Banks)
- Strategic Planning
- General Business Planning for Start-ups (I send lots of information/resources to startups.)
- Financial Loan Assistance/Qualification Review
- Review of Financial Reports/Analysis of Financial Health of Business
- Human Resources/Employment/Job Description
Comments/Notes:
- Anoka County continues to pay for the Open To Business program through 2016, so there is no cost to the cities this coming year. I only ask that the cities continue to advertise on a regular basis. The word is getting out but only if we keep communication ongoing; city newsletters and utility bill inserts provide the best advertising coverage.
- Below are options for advertising; some cities use multiple avenues and rotate different types each quarter:
- city reader boards – a short message the day I’m at the city, or message prior to my arrival
- hand out brochure/note with home occupation permits
- city inspectors could handout my card/brochure - if large expenses are uncovered to repair commercial buildings and/or bring up to code, we might be able to provide a loan
- utility bill inserts – short message insert or note on bills
- cable TV spots
- letters/notices mailed to all businesses in city
- city websites – info under business resource section
- city business events – I can provide info or attend
- city newsletters – a small piece in every newsletter works great
Funding Source:
Recommendation:
Action:
Attachments
No file(s) attached.
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 02/11/2016 04:26 PM |
- Form Started By:
- Patrick Brama
- Started On:
- 02/10/2016 08:57 AM
- Final Approval Date:
- 02/11/2016