Date: December 20, 2018
To: Members of the Economic Development Authority
From: Nate Carlson, Economic Development Coordinator
Title
Northfield Yarn Presentation
Body
Summary:
Per EDA Micro-Grant requirements, recipients of EDA financing are required to give a brief presentation to the EDA board prior to the end of the year in which the Grant was approved or by the end of the next calendar year.
Northfield Yarn received a $4,995 Micro-Grant from the EDA on February 22, 2018. Representative from Northfield Yarn, Cynthia Gilbertson, will provide a brief description on the use of EDA funds and the status of the business.
EDA Board members are welcome to ask questions of the presenter. However, if further inquiries are requested, staff asks board members to schedule a time to discuss in more detail.