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Our
goal is to be the premiere economic development agency in
the State of Minnesota.
Our mission, simply put, is to create jobs, raise incomes and broaden
the city’s tax base. To accomplish these goals the Hutchinson EDA is
engaged in a number of activities:
Business Retention & Expansion - It is our
belief that Hutchinson's best source of economic growth & development is
our existing companies. Consequently, we visit our local companies on a
regular basis to build & maintain a strong relationship with them.
During these visits our main goal is to identify ways that we can help
our local companies be successful and grow.
Downtown Development - A strong downtown is the
key to a strong community. A lot of our efforts therefore are geared
towards maintaining and strengthening Main Street Hutchinson. The "Downtown
Revitalization Master Plan," along with our
downtown loan &
grant programs, provide strong catalysts for private development.
Projects like the State Theater, Jorgenson Hotel, the Streetscape, the
Liquor Hutch expansion & Cornerstone Commons all play a role in keeping
our downtown thriving!
Industrial Park Development - To promote the
continued economic growth of the city, the Hutchinson EDA works to
ensure that we have industrial park & building space readily available.
Our goal is to have, on-hand, exactly what companies are
looking for so that we can provide solutions today.
Business Recruitment - The Hutchinson EDA
researches and actively recruits new companies to come to Hutchinson. In
addition, we provide technical and financial assistance for new
companies just getting started.
Financial Assistance - Financing is the single
most important ingredient of economic development. The Hutchinson EDA
operates two grant programs and two revolving loan funds having more
than $1.3 million in assets to provide "gap" financing for qualified
business projects. In addition, we can pull together a multitude of
other financial resources to help make projects happen.
Technical Assistance - The Hutchinson EDA is
the first point of contact for all local, regional, State & Federal
business resources and information. We assist with everything from
helping entrepreneurs formulate & refine their initial business plans to
project financing, location assistance, labor resources, demographics
and so forth. If there is a way we can help, we'll do it!
This web site is intended to be the ultimate "one-stop-shop" for
businesses and individuals seeking information about economic
development opportunities in the City of Hutchinson. Simply click on the
topic you're interested in on the menu on the left.
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