The Finance Committee meets as needed at noon on the second Tuesday of the month at the KCED Office.
Mission of the Finance Committee
Leverage financial resources and loan programs to enhance economic growth in Kandiyohi County.
Goals
1. Provide financial assistance and coordinate financial packaging to enhance opportunities for business growth
- in collaboration with Kandiyohi County banks and state agencies
- to companies locating in Kandiyohi County
- to other entrepreneurs
2. Pursue and promote alternative sources of funding
- Search for financing options from other economic groups
- Collaborate with MinnWest Technology Campus (MWTC) on unique needs of bioscience startup companies interested in MWTC
4. Market loan programs through
- publicity opportunities
- one-on-one meetings with entrepreneurs
- meeting with Kandiyohi County banks
5. Refer entrepreneurs and problem loans to SCORE and the Small Business Development Center
6. Evaluate loan loss reserves (annually)
7. Review marketing information (annually)
KCED Loan Programs
The Finance Committee also administers the KCED’s loan programs:
- Entrepreneurs’ Loan Guarantee Program
- Industrial Initiatives Loan Program
- Revolving Loan Fund
Finance Committee
Committee Members
- Matt Behm
- Art Benson
- Kyle Grimm
- Allen Huselid
- Kerry Johnson
- Travis Jones
- Christopher Radel
- Justin Schnichels
- Kelly TerWisscha
Committee Meeting Minutes
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