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•ity of / MEMORANDUM <br /> Elk <br /> River TO: Economic Development Authority <br /> Mayor & City Council <br /> Housing & Redevelopment Authority <br /> Utilities Commission <br /> County Administrator <br /> County Economic Development Coord. <br /> Chamber of Commerce Representatives <br /> Other Interested Parties <br /> FROM: Pat Klaers, City Administrator <br /> DATE: February 23, 1996 <br /> SUBJECT: March 4, 1996, Meeting on Business <br /> Incubator <br /> At the urging of the Economic Development Authority (EDA), a special <br /> meeting has been scheduled for 5 p.m., Monday, March 4, 1996, at the Elk <br /> River City Hall Training Room. EDA President Jeff Gongoll will chair this <br /> joint meeting. The purpose of the meeting is to learn more about the Anoka <br /> County Business Incubator model. Roger Jenson Executive Director of the <br /> Anoka County Capital Fund, and Harlan Jacobs, President of Genesis <br /> Business Centers, Ltd., in Columbia Heights, are both going to be present to <br /> discuss the successes that their partnership has experienced in Anoka <br /> County. <br /> Attached for your review is some material that Bill Rubin provided the <br /> Economic Development Authority on this business incubator model. In <br /> addition to this material that was distributed for the 2/12/96 EDA meeting, is <br /> some other information from the files on Genesis and the Anoka County <br /> Economic Development Partnership and Capital Fund. As noted in Bill's <br /> memo, it is possible that the Anoka County Capital Fund may be expanded to <br /> help new and emerging companies in Sherburne County. This is an exciting <br /> opportunity and we hope that everybody can come and learn more about this <br /> possibility and the Genesis operation. <br /> A thirty minute video tape on business incubators is available at City Hall if <br /> anyone would like to get more information on this topic. About half of this <br /> video was shown at the 2/12/96 EDA meeting. <br /> s:\council\34businc.doc <br /> 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />