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Sherburne EDA approves $4,500 to join MB Mentors CEO roundtable with evaluation caveat
Summary
The Sherburne County EDA approved an initial $4,500 budget to buy seats in an MB Mentors CEO roundtable shared with Wright and Anoka counties, with a motion requiring ongoing evaluation metrics before further commitments.
The Sherburne County Economic Development Authority on April 2 authorized an initial $4,500 expenditure to participate in MB Mentors CEO roundtables with neighboring counties, subject to regular evaluation of program success.
Staff presented internal post‑participation survey data and recommended the EDA buy seats in a tri‑county cohort (Sherburne, Wright and Anoka). The staff estimate placed Sherburne participation at roughly $4,500 for the first round of cohorts (a per‑seat fee plus management costs), with the overall per‑seat price subject to change if other counties decline.
A board member moved to approve the $4,500 budget for the first round but added a caveat requiring ongoing evaluation of program metrics to determine continued participation; that motion was seconded and approved by voice vote.
Board discussion noted MB Mentors’ potential value (CEO roundtables, peer learning) and the need for measurable success criteria before committing to continued or larger funding. The transcript records board approval for the initial allocation and direction to monitor results.
