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Don't forget!
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Our Annual Meeting is next week, 4:30-6:30 p.m. on Monday, June 27, at
La Chiesa, 24 West Park Street, in Spencer.
Call the Corridor office at 712-264-3474 to RSVP.
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Spousal Employment Network
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The Iowa Lakes Corridor is in the process of establishing a Spousal Employment Network to assist area employers while they are interviewing potential employees.
This network consists of community volunteers in each of the four counties that will be the points of contact between the Corridor and area employers. The Corridor is looking forward to playing a role in assisting employers during the hiring process. Contact Shaun Arneson, vice president of the Corridor, with any questions or for more information. |
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Renew Rural Iowa
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Entrepreneurs, business leaders, resource providers and more are invited to attend the Renew Rural Iowa seminar from 9 a.m.-2 p.m. on Thursday, June 30, at the Clay County Regional Events Center in Spencer.
This free interactive workshop will take a sneak-peek at what's new in economic development in Iowa while offering you tools and strategies to help you grow enterprise value and move your business forward.
At this one day workshop, you will: - Learn growth strategies from top Iowa visionaries
- See what's new in economic development for 2011 and beyond
- Explore new tools for creating innovative businesses
- Discover how new relationships can strengthen economic development efforts
Adam Steen, president of the business development firm 25Connections, is one of the featured speakers. Steen will talk about how to properly collaborate, partner and develop internal/external networks to ensure your economic success and grow enterprise value.
Register for the event here. |
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Kudos!!
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Corn Belt Power Cooperative was awarded FEMA funding to repair electrical lines and facilities damaged during a winter storm in January 2010.
The Iowa Lakes Corridor's Board of Directors approved a letter of support to Rock Island Clean Line Energy.
Alliant Energy Foundation has given two recent grants: $1,000 to Buena Vista University "BV Buddies" to support mentoring of middle school students; and $1,000 to Storm Lake CSD for a school-based mentoring program called Connections.
Rosenboom Machine and Tool is hiring 100 employees between their Spirit Lake and Sheldon facilities.
Northwest Bank was named the Small Business Administration's 2011 Iowa Community Lender of the Year.
Pure Fishing of Spirit Lake has announced a new product line, Nanofil, that is very strong, smooth, thin and casts nearly twice the distance of traditional nylon line.
Northwest Iowa Regional Airport in Spencer was awarded $234,611 to rehabilitate the runway and taxiway lighting to enhance airfield operations during low visibility conditions. The federal funding comes from the Department of Transportation's Federal Aviation Administration.
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Entrepreneurial Development Endowment Fund with the
Okoboji Foundation
Family of Funds
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The Corridor has created a new Entrepreneurial Development Endowment Fund within the Okoboji Foundation Family of Funds. This fund gives us the ability to offer our donors the Endow Iowa Tax Credit available only through a qualified community foundation.
| With a contribution to this fund, taxpayers may be eligible to receive a 25% Iowa Tax Credit in addition to normal federal charitable income tax deductions for certain charitable gifts. This is an exciting program that benefits both donors and the Corridor.
Gifts to the Iowa Lakes Corridor Entrepreneurial Development Fund allow the Corridor to use your charitable contribution strategically in response to the most pressing entrepreneurial and economic development issues. Your contribution continues to support economic growth and development during and after your lifetime.
More information, as well as a contribution and pledge form, can be found here. You can also make a donation on the Okoboji Foundation's Website. Just click on the Donate Now tab. |
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Greetings!
Corridor staff members have attended two tradeshows during the past month: Windpower 2011, the American Wind Energy Assocation's annual conference and exhibition for wind professionals to learn about issues and technology, and network with other professionals; and the Institute of Food Technologists' Food Expo in New Orleans. The IFT Food Expo is the industries largest collection of ingredients, equipment, processing and packaging suppliers under one roof.
Kathy Evert, CEO and President of the Iowa Lakes Corridor, attended the AWEA tradeshow in Anaheim, California, at the end of May. The Corridor knows the importance of having a presence at the Windpower conference. According to the Iowa Wind Energy Association, Iowa is first nationally with 17-20 percent of electricity generated from wind. Iowa is second in installed megawatts, with 3,670 megawatts of installed wind capacity. In 2008, Iowa produced 58 million hours of generation.
"Renewable energy is an area that Iowa and the Iowa Lakes Corridor have many attributes to share with companies during trade shows like Windpower," said Evert. Over 20,000 people attended Windpower 2011. "We are proud to be a part of the Iowa delegation that worked throughout the week to explore opportunities for Iowa in this industry."
Shaun Arneson, Corridor vice president, attended the IFT Food Expo in New Orleans June 11-14. The Corridor has an objective to promote the region to prospective business and industry through direct contacts and partner organizations. One of the targeted industries is food processing, which is why the Corridor attends the IFT Food Expo.
According to the Iowa Department of Economic Development, Iowa is number one in the nation in corn, soybean, pork and egg production. Iowa is home to the largest cereal mill in the world, Quaker Oats, the largest caramel color plant in the world, Sethness, and the largest spice plant in North America, Tone's. More than 820 Iowa food processors generate more than $32 billion worth of food products annually.
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Turning creativity into profit
 | | Tina Edwards opened Elements Design Studio in her hometown of Arnolds Park five years ago Memorial Day. |
Note: Featured story in series of Women Entrepreneurs in the Corridor.
ARNOLDS PARK - Tina Edwards opened Elements Design Studio in her hometown of Arnolds Park five years ago on Memorial Day weekend. Her creativity and knack for floral arranging, not to mention two decades of experience, make her store one-of-a-kind. The store also gives her the opportunity for home decoration.
"I really enjoy my shop and coming to work," said Edwards. "What we do is so individualized, and that's what's fun - creating things unique to a person or event." Edwards explains that there are three main divisions for her store: floral design, home décor, and retail.
Before Edwards opened Elements Design Studio, she was a florist for 22 years, managing various stores and doing private contracting and freelance. There was enough freelance work for her, doing the flowers for weddings and other events, that she made the decision to open a store. Knowing she didn't want a full-fledged floral shop, she opened Elements Design Studio as a specialty floral shop for weddings and special events.
March through November keeps Edwards busy with weddings: 35 to 40 are scheduled for this year. She purchases her flowers from wholesalers around the world, including Ecuador, Holland and Thailand. "We do whatever it takes to get what we need," said Edwards. She enjoys meeting with the bride and groom, to pull ideas from their personality on what types of flowers to use and how to arrange them.
During the winter months, Edwards finds that people are more apt to decorate their homes. For home décor, she goes into people's homes to pick up on their taste and style. She has traveled as far as Sioux City and Sioux Falls for home decorating. While the store may look small, Edwards is able to special order just about anything, from tables and chairs to bookshelves and beds. Decorating services also include holiday decorating, home and office staging, and office decorating.
For the retail portion of Elements, Edwards attends two trade shows each year looking for new and unique products. "There's enough uniqueness in the area, so I try hard to get things other stores don't have," said Edwards. The retail store consists of artwork, accent pieces, gifts, books, jewelry, and permanent and fresh florals.
Elements Design Studio is located at 36 S Highway 71 in Arnolds Park, just south of Mrs. Lady's Restaurant. The store is open year-round, and the hours are 10 a.m.-6 p.m. Monday through Saturday, 12-4 p.m. Sunday or by appointment. Contact Elements at 712-332-2602. Element's website is currently being built, and will be available soon.
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The Iowa Lakes Corridor is proud to launch the Women in Business Club. To join, a woman must own her own business and want to meet with other women in business to share ideas, challenges, successes and grow professional relationships. Those interested in joining should contact Pat McGill, at 712-332-2965, or Jean Tennant at 712-490-5165. Women from throughout the Corridor region are encouraged to attend these meetings.
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USDA Rural Development State Director to visit
Listening forum set for July 14 in Spencer
SPENCER - Bill Menner, USDA Rural Development State Director in Iowa, will be in Spencer from 2-4 p.m. on Thursday, July 14, to listen to local community and economic development leaders, as well as the general public, discuss issues and opportunities they encounter in their ongoing efforts to keep rural Iowa vibrant and prosperous. The session will take place at the Spencer Campus of Iowa Lakes Community College, room 108A, and is open to the public. In the last 10 years, 66 of our state's 99 counties have seen a population decline. While rural communities and areas are home to 1.7 million Iowans, more than half of Iowa's nearly 950 cities now have fewer than 500 residents. USDA Rural Development currently administers and manages more than 40 housing, business and community infrastructure and facility loan and grant programs designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America. During the past year the agency helped a record number of Iowans receive funding for economic development projects and quality of life improvements. The agency's investment in Iowa helped create or retain more than 2,200 jobs, aided 2,500 families in buying their own homes and assisted more than 250 communities as they made improvements to their facilities, services and infrastructure. For more information about finance programs through USDA Rural Development, please call the office located in Storm Lake at 712-732-1851 ext. 4. This office serves communities, businesses and residents in Buena Vista, Calhoun, Carroll, Clay, Dickinson, Emmet, Greene, Palo Alto, Pocahontas and Sac counties. Further information on programs available through USDA Rural Development is available by visiting the agency's website at www.rurdev.usda.gov/ia. USDA Rural Development is an equal opportunity lender with a variety of grant and direct and guaranteed loan programs for single and multi-family housing, community facilities, water and sewer development and business and industry programs. |
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Students can turn a hobby into a business
 | | Courtney Tifft of Spirit Lake participated in the Entrepreneurship Academy in 2010, and earned second place during the business plan presentations for her card making business. |
Entrepreneurship Academy offered July 11-15
SPENCER - Students who have completed grades six through eight
are invited to attend the Iowa Lakes Corridor Development Corporation's fourth annual Entrepreneurship Academy, held July 11-15 at Iowa Lakes Community College in Spencer. Students from Buena Vista, Clay, Dickinson and Emmet counties can come and learn from local entrepreneurs about how to turn a hobby into a business.
During the week, students will focus on the basics of starting a business. They will learn how to write a business plan and create their own business cards and flyers. Students will have the chance to learn from real entrepreneurs during the week. They will put a power point presentation together to present to a panel of judges, and compete for cash prizes at the end of the week.
Students will gain knowledge that they can use in years to come, even if they don't start their own business. It is never too early to start teaching students the entrepreneurial mindset that they will be able to apply to their future careers.
"Last year I had the opportunity to participate in the Middle School Entrepreneurship Academy hosted by the Iowa Lakes Corridor Development Corporation," said Courtney Tifft of Spirit Lake. "Through the experience I learned how to start and maintain a business. I applied what I learned by creating a card making business. Now I am selling my cards at The Inn Resort gift shop. I would recommend the Entrepreneurship Academy to anyone who is interested in starting a business. There are endless opportunities out there, but it is up to you to find them." Tifft earned second place when she presented to the judging panel.
Cost for the event is $49, and transportation will be provided from for students outside of Spencer. Scholarships are available for those in need. Classes will be held from 8:30 a.m.-3 p.m. each day.
If you know a student who has completed grades six through eight, encourage them to sign up for the academy. To enroll a student in the Entrepreneurship Academy, contact the Iowa Lakes Corridor Development Corporation at hpearson@lakescorridor.com or 712-264-3474 for an application. Application Forms and Nomination Forms can also be downloaded, and hard copies are available at the Corridor office. Applications will be accepted until the camp is full.
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Business Succession Workshop
The Corridor has partnered with Iowa Association of Business & Industry to bring you a Business Succession Workshop. It will be held in conjunction with the Grocery Industry Association Conference at Arrowwood Resort in Okoboji on Thursday, July 7. The conference will begin with a lunch at noon, followed by the business succession workshop, Leaving Your Business Without Losing Your Shirt, at 1 p.m. Transition and succession planning is a critical factor in the long-term viability of the state of Iowa. Attendees will hear from experts who will analyze this issue from a legal, financial, tax and social perspective. At 3:15 p.m., the Business Valuation portion of the conference will begin. With mergers and acquisitions at an all time high, ABI will present a strategic session on maximizing these opportunities. Dinner will be held at 5 p.m. Cost for the program is $100, program and dinner is $150. Registration will be on the event page of ABI's website soon. |
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Office Closed
The Iowa Lakes Corridor office will be closed
on Monday, July 4, in observance of Independence Day.
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Sincerely,
Iowa Lakes Corridor Development Corporation Staff
Kathy Evert
Brian Dalziel
Shaun Arneson
Holly Pearson
Samantha Heerdt
Joanne Follon
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