06/02/2016 EDAC Packet - Laserfiche WebLink

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Program Structure Visitation The primary outcome of a Business Retention and Expansion Program is to connect the local government and local businesses in a mutually beneficial way. Visitation is an excellent way to establish dialogue and build a relationship. It provides for the exchange of information in an informal setting that helps to ease both parties with their respective roles in the partnership. Outcomes for a visit are broadly defined. The goal is not to verify all the technical aspects of a business that can be accessed online, through their annual reports or in business databases. Information shared should be focuses on their operation in Lino Lakes and any issues that are a potential barrier to expanding in the community. A sample BRE questionnaire is included in the exhibits as a reference. Lino Lakes, like the majority of municipalities, has limited resources in both staff and time. A successful BRE program grows from years of thoughtful implementation. For Lino Lakes a recommended format for visits would be: Utilization of Community Development Staff and interns to schedule visitation meetings. Visitation team should consist of no less than two individuals and no more than three. One person is the designated scribe and the other the interviewer. A member of city staff and the City Council is optimal. This represents a decision maker and the person who can research and follow up on questions or issues. Limit the number of visitations to no more than 7 per year. This allows for adequate time in scheduling and the corresponding follow thru needed. Visits can be lumped together or spread out according to what works best for visitation team members. Coordinate visits according to industry cluster (NAICS Code). By clustering industry visits, the City will be able to more easily identify common threads in related businesses. For example if a number of similar businesses are having difficulty recruiting a certain type of worker, the City may be able to access a customized training grant through the State of Minnesota for them to share in. Business Resources Preparation is imperative. Businesses are traditionally skeptical in government that is "there to help." In order to offset this natural inclination, the City can be prepared with a number of resources. A simple handout can link businesses to a variety of programs both local and through economic development partners such as the State of Minnesota and Anoka County. Essential information to have available at all time: Business Assistance Programs A detailed list of programs offered by Lino Lakes, MN DEED, Anoka County and other regional economic development agencies. Information includes where to access funds for customized job training, land acquisition, business construction, equipment financing, energy improvements, etc. Land availability in Lino Lakes including parcel size, sale price, infrastructure availability and contact.