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Minnetonka staff say business survey and market analysis will guide loan and outreach programs

Economic Development Advisory Commission (Minnetonka City) · January 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Economic development staff reported an ongoing business phone survey and a commercial market analysis due by the end of the month; the city renewed technical assistance contracts for 2025–2026 and noted new small‑business loan offerings through Elevate Hennepin.

Kiersten Yeager, Minnetonka City’s economic development coordinator, told commissioners the city is conducting a business phone survey (contracted to Morris Leatherman) and expects results in about a month; a commercial market analysis by Marquette Advisors is also due by the end of the month.

Yeager said the visitor reports for Ridgedale and the city provide anonymized,…

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