5. Washington County CDA - Open to Business programTO BUSINESS
Updates
WASHINGTON COUNTY
Open To Business
Tyler Hilsabeck — Business Advisor
7/1/2017 — 7/1/2018
Clients Served — 114
Business Stage:
Existing Business — 61
New Entrepreneurs/Start-up/Pre-planning — 45
Client Inquiry — 8*
*Many Client Inquiries turn into meetings later.
Program Hours:
(Includes Direct Client Hours, Program Outreach
& Marketing, Public Events/City Meetings, Data
Collection and Administration)
Total Hours
1A QTR 501.5
2nd QTR 504.0
Total: 1,005.5
Financing thru 6/30/18:
Loans Approved:
Number - 6
Amount - $438,000
Leveraged - $2,471,000
(Bank/Owner Equity/Other Outside
Financing)
Loan Pipeline:
Loans in Pipeline:
Number - 5
Amount - $405,000
Leveraged - $10,700,000
(Bank/Owner Equity/Other Outside
Financing)
Referral Source
City Website/Newsletters/Utility Inserts — 57
Other Marketing/Networking/Internet — 28
Bank Referral — 15
Friends/Family — 14
Industry Segment
Service — 49
Retail — 16
Food - 13
Manufacturing — 10
Construction/Real Estate — 6
Heath/Fitness - 4
Professional/Consulting — 12
Technology - 4
Client City (Business
Bayport
1
Cottage Grove
21
Forest Lake
13
Hastings
1
Hugo
10
Lake Elmo
8
Lake St. Croix Beach
1
Mahtomedi
5
Marine on St. Croix
1
Oakdale
5
Oak Park Heights
1
Scandia
7
St. Paul Park
2
Stillwater
24
White Bear Lake
1
Willernie
1
Woodbury
12