The Economic Development Authority (EDA)
The Economic Development Authority (EDA) members include elected City officials, local citizens and business representatives to create and maintain a pro-business environment, a high quality of personal life style and a strong sense of community. The EDA considers ways to attract and retain businesses in Spring Grove, assist businesses with expansion, and enable the quality commercial and industrial development and/or rehabilitation of areas within the community.
The Spring Grove EDA offers gap financing for businesses, and work closely with the City Council regarding tax incentives, in addition to marketing outreach to attract new business and development projects.
The Spring Grove Economic Development Authority also sponsors a Resident Recruitment Incentive Program to attract families with school age children to our City.
You can contact the EDA by calling City Hall, 507-498-5221
Community Business Happy Hour
The Spring Grove EDA would like to invite you to join us for an evening of cocktails and networking! We will be hosting a Happy Hour event to help connect local entrepreneurs, business owners and consumers. Don’t forget your business cards! Beverages and Snacks will be provided by the Spring Grove EDA.
Wednesday, July 10th • Rockfilter Distillery • 4:30 to 6:30 PM
Next Happpy Hour, Wednesday, Oct 23rd
Spring Grove Entrepreneur Institute
Start or Grow Your Business! Network with small-business experts and area business owners to answer your questions and help you succeed! See list of presentations at right, for your chance to network and gain important skills to make your business venture a reality!
Resources & Links
SG EDA RESOURCES/LINKS:
DOWNLOAD: BUSINESS SUBSIDIES CRITERIA POLICY
DOWNLOAD: REVOLVING LOAN FUND CRITERIA
DOWNLOAD: General Business Subsidy Criteria
DOWNLOAD: Request for Assistance Application
Houston County EDA https://houstoncountymn.com/start-a-business/
MN Department of Employment and Economic Development (DEED) http://mn.gov/deed/business/
DEED's Angel Loan Fund https://mn.gov/deed/business/financing-business/deed-programs/alf/
USDA Rural Development https://www.rd.usda.gov/
Small Business Administration http://www.sba.gov/
605-695-6765 • email@example.com
EDA Board meetings are second Tuesday of the month at 5:30 PM in the Spring Grove Communications public meeting room.
EDA News & Announcements:
The Spring Grove Economic Development Authority (EDA) has acquired a grant from the Southern Minnesota Initiative Foundation (SMIF), which will be used to provide several training opportunities for local businesses and entrepreneurs who are interested in starting a business. These training sessions, or Business Breakfasts, will be free of charge for attendees. Each session will be facilitated by Winona State University’s Adult & Continuing Education Department.
The first session will take place on Monday, April 29, 2019 at the Spring Grove Public Library from 8:00 am – 10:30 am. A light breakfast will be provided for all attendees.
The first session, Effective Business Financial Management, will help with understanding how to use your business financial statements to improve your business. The course will also help with finding access to capital and reducing the risks of financial errors.
Each session is limited in space, and will require participants to register for the event. Those interested can enroll in the course by emailing EDA Co-Director Rebecca Charles at firstname.lastname@example.org to register.
For more information, contact Rebecca Charles, EDA Director, at email@example.com.