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