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7.1. EDSR 01-13-2003
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7.1. EDSR 01-13-2003
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i/j <br /> City of <br /> Elk .........,,. <br /> River <br /> 13065 Orono Parkway <br /> Elk River,MN 55330 Business Incubator <br /> Overview Current Incubator Tenant <br /> The Elk River Business Incubator Program provides KnowledGenetica Corporation -Developer of intelligent <br /> space and support for new and existing companies software to interpret and translate written and Spo- <br /> to refine and manufacture innovative products. ken human languages. The software has a number <br /> Tenants have access to a variety of resources and of key applications for commercial,government, <br /> services. Program graduates are committed to military, and personal use. For more information, <br /> locating in the Elk River area. visit www.knowledgenetica.com. <br /> Since its inception in 1997, eight companies have Incubator Graduates <br /> entered the incubator to further develop their Cymbet Corporation -Manufacturer of a solid-state <br /> products and grow their business. In 1999 the first battery technology that is integrated into the circuit <br /> graduate of the program established a partnership boards of various electronic devices and infinitely <br /> Ix <br /> 0 with an Elk River manufacturer to produce its rechargeable via radio waves. For more information, <br /> O <br /> aproduct for national distribution. visit www.cymbet.com. <br /> ca <br /> Vi Benefits Bixby Energy Systems- Developer of a Biomass Stove <br /> Z Incubator tenants enjoy lease rates substantially Y System that represents Multi-fuel (Corn,Biomass or <br /> H below market levels. Rent may be paid with a mix of <br /> H Wood Pellets) technology. For more information, <br /> W cash and stock. Tenants also have access to several <br /> z visit www.bixbyenergy.com. <br /> — sources of equity from the Anoka/Sherburne Capital <br /> in <br /> m Fund, the Elk River Investment Club, and the <br /> m Initiative Foundation. Business consulting services Former Incubator Tenants <br /> are also available through Genesis Business Centers. • SolarAttic <br /> • ProtectorCare, Inc. <br /> Additionally, entrepreneurs may take advantage of • Watermark Submersibles, Inc. <br /> advising sessions where successful local business • MAS Technologies <br /> owners share their experiences and offer input on • Vertical Publishing <br /> business development. Such sessions have proven <br /> especially valuable in the areas of sales and <br /> marketing. <br /> Phone:763.441.7420 The Light Industrial Hub of the Northwest Metro <br /> Fax:763.441.7425 <br /> www.ci.elk-river.mn.us <br />
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