The EDA Center | at the University of Minnesota  
Research Publications

Listed below are various publications from the EDA Center at the University of Minnesota, Crookston. Publications listed come from projects EDA Center faculty and staff have completed, works published in magazines/journals and technical assistance requests. Technical assistance requests are typically planning, research or technical projects that have a direct or indirect impact on job creation, business development or capital investment. All requests are reviewed by EDA Center staff, as well as the EDA Center Advisory Board; and those requests selected comprise our annual work plan. For more information regarding the EDA Center's RFA process click here.

 

Publications
Long Prairie Business Incubator Project
Completed August 2009
Local EDA/Organization: Long Prairie Economic Development Authority
EDA Center Faculty/Staff: Kevin Cooper, University of Minnesota, Crookston
Project Description: The City of Long Prairie, Minnesota recently received a $650,000 grant from the Economic Development Administration to construct and develop a new business incubator building in the Southwest Industrial Park . The project will meet a chronic community need for suitable business development space. The space will contain 15,000 sq. ft. with many amenities to support multiple small businesses and enterprises. In addition to the EDA grant, a local angel investor pledged an additional $500,000 to support the project over the next 10 years. The community of Long Prairie resides in Todd County, where average per capita income is only 62% of the state average and 67% of the national average.
EDA Center Involvement:
  • A business and marketing plan for the new incubator
  • Commercial lease templates for tenants
  • A plan for business support services
  • An organizational structure and board of directors for the incubator.
Download Report (639KB PDF)

This document was prepared by the University of Minnesota, Crookston under award number 06-66-05709 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.

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