BUSINESS RETENTION & EXPANSION & RECRUITMENT
New Business & Expansion: During 2012, MCEDC worked with 18 prospective new businesses. There was an increase of 17 FTE jobs in Morgan County with existing businesses expanding and a few new businesses coming to the area. Of the 18 prospects, we had 4 come to fruition and they invested over $18 million dollars to become operational.
Brush Main Street Program: The Brush Main Street program is working to revitalize Brush’s downtown business district. MCEDC has been very active in helping Brush accomplish this by investing in the program as well as serving on the Economic Restructuring Committee.
Economic Development Stakeholders: Brush, Fort Morgan and Wiggins all have stakeholders groups that meet monthly to discuss economic development projects as well as quality of life issues. Each group is different, however the common bond of Economic Development and how the economy can drive a community move them all forward.
Economic Roundtable Coffees: MCEDC has been proactive in gaining the communities voice on issues within our county by hosting a coffee once a month around the county to create an atmosphere for people to speak and listen.
ENTREPRENUERSHIP PROGRAM: MCEDC is proud of our collaboration with other local organizations to help “grow our own”. By working with different groups, we are able to provide support for the following:
Revolving Loan Fund: MCEDC has a RLF process that has helped many small businesses with loans to help get their business moving forward. There were no additional loans given this year, but MCEDC has applied for a Rural Business Enterprise Grant through USDA-Rural Development to add dollars to the fund.
INFRASTRUCTURE: MCEDC continues to maintain a strong emphasis on developing infrastructure. Development of industrial and business sites is a must for future ED success of the area.
MCEDC is currently working with local government and utility providers to determine what infrastructure development needs are the most pressing, as well as maintaining a dialogue with each so that if something is going to be upgraded, MCEDC is aware of it.
MARKETING: The largest portion of the MCEDC budget goes into marketing Morgan County and the respective municipalities.
Marketing and Website: Our Business Expansion and Relocation Guide is always being updated. This marketing piece is directed to all prospective businesses interested in Morgan County. This highlights each Communities Information, Business Advantages in Morgan County, Labor Force, Industrial Sites, Finance & Training, Incentives, and Utilities & Communication.
New this year is the fact that this marketing guide is now available for potential businesses as a jump drive.