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7.0. EDSR 12-10-2001
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7.0. EDSR 12-10-2001
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City Government
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EDSR
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12/10/2001
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Business Incubator Prospect Report <br /> December 5,2001 <br /> Page 2 of 2 <br /> • <br /> Micro Surfaces, Inc. <br /> Athena Guo, President <br /> Athena accepted an investment from the Anoka Sherburne County Capital Fund <br /> and the Anoka investment club (the only geographical requirement is a <br /> location in either Anoka or Sherburne County in each case-therefore, an Elk <br /> River location is still possible down the road). She independently moved into <br /> ordinary office space at 4220 Central Avenue a week ago (our Columbia Heights <br /> incubator is located at 3989 Central). It is a short-term lease. We were as <br /> surprised as anyone. <br /> Athena continues to look positively towards a possible business relationship <br /> with TESCOM. We should work hard to get the TESCOM management team to <br /> maintain a dialogue with Micro Surfaces;it would be mutually beneficial in <br /> my opinion and it would likely provide the nexus that would help her to <br /> overcome the distance factor from the U of M. Independent of her willingness <br /> to locate a business unit in Elk River, there may yet be the possibility that <br /> a joint venture with TESCOM would result in a new business unit at TESCOM <br /> (under license from Micro Surfaces) that would either add new jobs or help <br /> with job retention at TESCOM based on this new technology. <br /> S <br />
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