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ITEM # 5. <br /> • <br /> City of <br /> Elk -�-� <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Heidi Hall, Economic Development Assistant -VW- <br /> DATE: May 12, 2003 <br /> SUBJECT: Strategic Industrial Marketing Activities Update <br /> Attachments <br /> • Key Account Program 2002-2003 Schedule <br /> • Elk River Ad Featuring Cymbet,MN Real Estate Journal,April 28, 2003 <br /> • "Its Cells May Be Thin, But Cymbet Says They Pack a Big Punch", Small Times,April <br /> 28, 2003 <br /> • • Downtown Revitalization Q &A Newsletter, May 2003 <br /> • Business Retention&Expansion 2003-2004 Schedule Report <br /> I. Product Offering Strategy <br /> The Director of Economic Development has provided a separate report regarding this issue. <br /> I I. Competitive Strategy <br /> The Marketing Committee discussed the cities of Big Lake,Anoka, and Rogers at their May <br /> 6, 2003 meeting. <br /> I I I. Key Account/Lead Generation Strategy <br /> Please see the attached key account schedule. <br /> IV. Promotions &Advertising Strategy <br /> Inquiries <br /> Incubator prospects, Intellanet and Manage the Farm,presented to the Incubator Advisory <br /> Committee on April 7, 2003. The Advisory Committee recommended the EDA consider <br /> admittance of both companies to the Incubator Program with the provision that staff <br /> negotiate an acceptable rent structure for both companies. Currently,both companies wish <br /> to present to the Elk River Investment Club before moving forward in the process for entry <br /> into the Incubator Program. <br /> • <br />