Economic Development Resources
Types of Economic Development Programs
- Financial Programs: Provides financial assistance to lower financing costs. Direct Loans, Guaranteed Loans, Grants, Equity Financing and Interest Subsidies.
- Technical Assistance: Provides businesses and communities with assistance through research, training and information regarding Marketing.
- Promotion/Coordination: Involves activities which promote the states’ economy or specific sector of economy, often with the cooperation of the private sector.
- Agriculture Utilization Research Institute(AURI) – a nonprofit corporation created to improve the economy of rural Minnesota through new uses and new market for the state’s abundant agriculture commodities. The Institute assists Minnesota Businesses along every product development step from research to marketing. AURI Northern Office, P. O. Box 599, Crookston, MN 56716 (800) 279-3759 www.auri.org
- Area Partnership for Economic Expansion (APEX) – An entrepreneurial business development organization, led by top executives and senior managers from the region’s largest most successful companies. Rob West, President and CEO, 306 W. Superior St. Suite 902, Duluth, MN 55802 (218) 740-3667 – info@APEXgetsbusiness.com
- Arrowhead Regional Development Committee(ARDC) – Serves as an umbrella agency for a wide variety of local, state and federal initiatives. These services include services to the aging, human services, transit, transportation, metropolitan planning, economic development, community development, and natural resources.
Pat Henderson, Executive Director, 221 West First St. Duluth, MN 55802 (218) 722-5545 – (800) 232-0707 – www.ardc.org
- Economic Development Administration – An Agency of the Untied States Department of Commerce, provides financial assistance to help distressed communities overcome barriers that inhibit the growth of their local economics. John O’Leary, 45 South Seventh Street, Suite 2220, Minneapolis, MN (612) 355-4025 – www.eda.gov
- Enterprise Minnesota – has helped Minnesota’s small and medium size manufacturers compete and grow. Through highly personalized services tailored to specific needs of our client companies, we help develop more effective business leaders excellent plant-wide operational excellence and promote creative strategies for growth and better profitability. As Minnesota’s MIST/MEP affiliate, we bring well-tested new products and services to clients. Enterprise Minnesota 314 4th Ave. South, Suite 7050, Minneapolis, MN 55415 (612) 373-2900 – (800)325-3073 – www.enterpriseminnesota.org
- Iron Range Resources (IRR) – To advance regional growth by stabilizing and enhancing the economy of northeaster Minnesota’s Taconite Assistance Area. Matt Sjoberg, Iron Range Resources, P. O. Box 441, 4261 Hwy 53 South, Eveleth, MN 55734 (218)753-3037 – www.ironrangeresources.org
- Minnesota Small Business Development Center – Program is designed to deliver up-to-date counseling, training and technical assistance in aspects of small business management. Virginia Area: Elizabeth Olivanti, Mesabi Range Community & Technical College, 1001 Chestnut St. West. L 119, Virginia, MN 55792 (218)749-775 – firstname.lastname@example.org – www.umdced.com
- Minnesota Workforce Center – Represents a unique partnership of employment and training organization that reflects the needs of each community and represents a move from red tape to results, focusing on providing information and resources that enable individuals to achieve economic security and employees to successfully compete in today’s economy.Minnesota Workforce Center – Virginia – Suite 250 Olcott Plaza, 820 N. 9th St., Box 1028, Virginia, MN 55792 (218)742-9187 – within NE MN Only (800)325-5332 – www.mnworkforcecenter.org
- Northeast Entrepreneur Fund – A private nonprofit organization that helps people develop their ideas for starting or expanding small businesses in northeast Minnesota and northwestern Wisconsin. Northeast Entrepreneur Fund, 551 Hat Trick Avenue, Eveleth, MN 55734 (218)735-6025 – www.entrepreneurfund.org. Contacts: Stephen Peterson, Sr. Business Developer – email@example.com
- Find government offices in your county. CountyOffice.org is the most accurate internet database of county government offices in the United States. Use our site to locate your county assessor, board of elections, chamber of commerce, child support offices, colleges, coroner, courts, and much more, with all relevant details.