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Dayton EDA approves Elevate Hennepin participation, citing program value to small businesses

Dayton Economic Development Authority · December 17, 2024
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Summary

The Dayton EDA approved Resolution 4‑24 to continue participating in Elevate Hennepin, noting the county program provides business advising and two loan products; Dayton's cost is $2,500 per year and staff reported approximately 140 consultant hours used in Jan–June.

The Dayton Economic Development Authority voted to continue the city's participation in Elevate Hennepin and approved Resolution 4‑24 authorizing the multi‑jurisdictional agreement.

Speaker 4 described the county program as one that "partners with different advisors to offer free advice to area…

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