Grant Awarded to Alexandria Area EDC

(Pictured: Joe Kammermeier, Vice President of Business Development of MBFC with Nicole Fernholz, Executive Director of AAEDC)

Grant Presented to Alexandria Area EDC

Minnesota Business Finance Corporation (MBFC) recently gave an economic development grant to Alexandria Area Economic Development Commission (AAEDC). MBFC Business Development Officer, Joe Kammermeier, presented the check to Nicole Fernholz, AAEDC Executive Director.

The AAEDC requested a MBFC grant to assist with the marketing costs for a business challenge called:  “Pitch Your Plan”. Pitch Your Plan is an Alexandria Area Business Competition for any for-profit business looking to open, relocate, or expand their business to present their idea to the AAEDC to WIN a community prize package.

There are 3 Phases to “Pitch Your Plan”. Application, Analysis/Planning, and Presentation. During phase 3 the selected entrants will share their idea to the judges in business presentation styled after NBC’s Shark Tank television show. A winner will be chosen and awarded the prize package on Tuesday, May 7th, 2019 at a business luncheon hosted by AAEDC.

For more information on how to apply for the promotional business development program, or to visit the AAEDC website for additional information, please click here:

 Pitch Your Plan 

MBFC is encouraged to support economic development plans to grow entrepreneurial resources in Minnesota and surrounding areas. If your organization has an event, project, or Veteran Owned Business please contact MBFC for details how to apply for our different incentive, grant, or rebate programs.

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