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<br />Item #: 5C <br />Meeting Date: May 18, 2018 <br />Type of Business: EDC <br />City of Mounds View Staff Report <br />To: Economic Development Commission <br />From: Brian Beeman, Business Development Coordinator <br />Item Title/Subject: Update from Commissioner Muckala on New Business Categories to fill <br />vacant space in Mounds View <br /> <br /> <br />Background <br /> <br />As part of the 2018 EDC Priorities the EDC has identified the following goal: “Monitor & explore new <br />business categories through trade groups like Medical Alley and identify available spaces in Mounds <br />View with the intent to fill those vacancies with new companies”. <br /> <br />Discussion <br /> <br />Commissioner Muckala is volunteering some of her time to assist in setting up meetings with industry <br />trade groups like Medical Alley in cooperation with Business Development Coordinator Brian Beeman. <br />Beeman and Muckala have met to discuss the process and met with Medical Alley April 4, 2018. EDC <br />Commissioners are encouraged to provide ideas on other trade groups that staff can meet with to <br />discuss possibilities in locating to Mounds View. If Commissioners have contacts with other trade <br />groups and companies that may be a fit for Mounds View they are encouraged to pass along those <br />contacts Coordinator Beeman who will start compiling a list of contacts and work towards setting up <br />meeting with the industry trade groups. At the March 16, 2018 EDC meeting it was suggested that <br />Minnesota High-tech also be contacted. The idea is to target young start-up companies and get to them <br />early to identify the location, technical space, and engineering office areas that Mounds View could host <br />and grow the businesses. <br /> <br />Recommendation <br /> <br />Staff recommends that the EDC hear the update from Commissioner Muckala and discuss and offer <br />any suggestions the EDC may have relating to the business industry categories and contacts. <br /> <br />Respectfully submitted, <br /> <br /> ____________________________ <br />Brian Beeman <br />Business Development Coordinator