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2019 Annual Report

March 01, 2020

Category: Annual Report

2019 Annual Report

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2019 Annual Report Overview:

SBDC Impact

  • 7 new businesses created
  • $4,935,583 in capital raised
  • 147 clients were assisted
  • 107 jobs created

IEDC Team in 2019

  • IEDC hired a new Small Business Consultant, Rob Sjostrand. They also hired a new Marketing Specialist, Kayla Swanson. To top off the team in 2019, they hired a new Economic Development Project Coordinator, Kirstie McPherson. 
  • IEDC worked with Praxis Strategy Group to outline a strategic plan that garnered input from more than 50 stakeholders and partners through itasca County. 

2019 Funding Sources

  • 53% of overall funding came from the Blandin Foundation
  • 32 funding partners in 2019