7.b 2017 Open to Business Washington County Market Summary Report
WASHINGTON COUNTY
Open To Business
Tyler Hilsabeck – Business Advisor
7/10/2017 – 12/4/2017
Clients Served – 52
Business Stage:
Existing Business – 26
New Entrepreneurs/Start-up/Pre-planning – 16
Client Inquiry – 10*
*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 Contract 908.00
3rd QTR 496.00
4th QTR 412.00
Financing thru 12/4/17:
Loans Approved:
Number - 2
Amount - $175,000
Leveraged - $1,451,100
(Bank/Owner Equity/Other Outside
Financing)
Loan Pipeline thru 12/4/17:
Loans in Pipeline:
Number - 4
Amount - $450,000
Leveraged - $10,150,000
(Bank/Owner Equity/Other Outside
Financing)
Referral Source
City Website/Newsletters/Utility Inserts – 26
Other/Internet – 13
Bank Referral – 7
Friends/Family – 1
Other - 5
Industry Segment
Service – 20
Retail – 10
Food - 5
Manufacturing – 4
Construction/Real Estate – 4
Health & Fitness – 2
Wholesale/Distribution – 1
Technology – 3
Other - 3
Client City (Business)
Cottage Grove 8
Forest Lake 7
Hugo 4
Lake Elmo 4
Mahtomdi 2
Marine on St. Croix 4
Oakdale 3
Newport 1
Scandia 6
Stillwater 8
Woodbury 5