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ITEM # 7. <br /> City of <br /> Elk <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority (� <br /> FROM: Heidi Hall, Economic Development Assistant �l ' <br /> DATE: July 14, 2003 <br /> SUBJECT: Business Incubator Update <br /> Attachments <br /> • Incubator Summary Report, Harlan Jacobs,January 13, 2003 <br /> • Incubator Status Report,Harlan Jacobs,July 10, 2003 <br /> • State Loses Seed-Financing Champion,Profits Journal Online,July 30,2003 <br /> Issue <br /> Incubator consultant Harlan Jacobs will be present at the meeting to present the attached <br /> Incubator Status Report. For your information,Mr.Jacob's January report is also attached. <br /> Loss of Collegue <br /> The attached article is a tribute to Roger Jenson, Executive Director of the Anoka County <br /> Economic Development Partnership and President of the Anoka/Sherburne County Capital <br /> Fund. <br /> Mr.Jenson was a key partner in the success of the Elk River Incubator Program. He and <br /> Harlan Jacobs worked with staff to develop the program in 1996 and 1997. Subsequent <br /> venture capital opportunities were provided to Incubator tenants by the Anoka/Sherburne <br /> County Capital Fund. <br /> • <br />