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EDC
COMMITTEES AND TASK FORCES |
Finance
MISSION
STATEMENT
Leverage
the financial resources and loan programs to enhance economic
growth in Kandiyohi County.
ASSISTANCE TO MAJOR GOALS
Publicize
loan programs, educate lenders and stakeholders and make information
and access to programs more readily available.
MEETING
SCHEDULE
Meets
at 12 noon on the second Tuesday of each month at the EDC's
board room.
MEETING
MINUTES (PDF format)
2010
2009
2008
2007
2006
February
14
May
9
September
12
November
8
GOALS AND OBJECTIVES
1.
Provide financial assistance
a. in collaboration with Kandiyohi County banks
b. to companies locating at
i. MinnWest Technology Campus
ii. new Willmar industrial park
iii. Multicultural Market of Willmar
iv. elsewhere in Kandiyohi County
c. to other entrepreneurs
2.
Pursue and promote alternative sources of funding
a. Search for financing options from other economic groups
3.
Market loan programs through:
a. publicity opportunities
b. one-on-one meetings with entrepreneurs
c. meeting with Kandiyohi County banks
4.
Seek educational opportunities for stakeholders regarding
current topics of interest (for
example, intellectual
propety)
5.
Refer entrepreneurs and problem loans to SCORE, the Small
Business Development
Center and
Ridgewater College Small Business Management Program
6.
Evaluate loan loss reserves (annually)
7.
Review marketing information (annually)
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