A. Develop Local Food Value - Added Processing, Production & Marketing
Tasks in this effort should include identification of key players/partners, an assessment of demand, evaluation of the supply, and identification of existing facilities. Information gathered will be used to avoid duplication of effort and ensure feasibility.
B. Revolving Loan Fund (RLF) – Improve Effectiveness & Increase Use
The RLF Review Committee will meet on an as-needed basis to consider applications for the revolving loan fund and meet with the applicant before making a recommendation to the full Economic Development Authority membership for approval or denial.
Promotion of Fund - The fund will be promoted through ongoing contact with bankers as well as an organized business visitation program. Economic Development Authority members and County staff are also encouraged to make referrals.
C. Coordination of Organizations
The Winona County and regional economy will be strengthened by cooperative relationships with other groups and organizations. Building on common goals will provide support for the business community and lead to greater collaboration. An Economic Summit to include those organizations will be held before year-end.