This Week in the Corridor
Iowa Lakes Corridor receives Dakota BUSINESS Finance award
Pictured (L to R): Daniel Park, Dakota BUSINESS Finance; TJ Speer, Dakota BUSINESS Finance Board VP; Brett Johnson, Central Bank in Milford; John Tatman, Corridor Board Chair; Kiley Miller, Corridor President & CEO.
The Iowa Lakes Corridor Development Corporation (Corridor) received a $1,000 grant from Dakota BUSINESS Finance thanks to the hard work of a local lender

Brett Johnson of Central Bank in Spirit Lake earned the award on behalf of the Corridor through Dakota BUSINESS Finance’s inaugural community lending awards.

Dakota BUSINESS Finance is a Certified Development Company that provides Small Business Association (SBA) 504 loans to businesses in South Dakota and parts of Minnesota, Iowa and Nebraska. In 2019, Dakota BUSINESS Finance established new community lending awards to give back to the communities in which they provide loans. The prizes awarded are based on the number of loans approved in each community during the Federal Fiscal Year 2019.

Johnson, a Central Bank commercial loan officer, worked with Dakota BUSINESS Finance on two approved loans over the last year, which was the most done by a community in Iowa. As the local economic development company for Milford and surrounding communities, the Iowa Lakes Corridor received the $1,000 first place prize.

“We want to say thank you to Dakota BUSINESS Finance, Central Bank and Brett Johnson for their hard work to help local businesses grow,” Corridor CEO Kiley Miller said. “We appreciate this generous award, but even more we appreciate the strong commercial lending capacity in our region.”

Phil Christy, President of Spencer Area Jobs Trust, presents a check to Melanie Allen, Director of Human Resources of Pivot Point Spencer to support the creation of 12 jobs associated with the addition of a robotic washing line. Also pictured from left are Pivot Point Site Supervisor Jay Barlow and Spencer City Manager Amanda Mack. Spencer Area Jobs Trust is a collaboration of the City of Spencer, Spencer Municipal Utilities and other partners that supports economic growth projects in Spencer. The Corridor facilitated recruitment of Pivot Point Spencer into the former Eaton plant and provided administrative support for this forgivable loan.
Featured Real Estate
Site: Boji Business Park
Commercial, Office
Location: 1003 23rd St.
Milford, IA 51351
Up to 12,000 sq ft available
Lease Rate: $10/sq ft

For more information visit the Corridor website!
News to Know
Regional internet service provider awarded federal grant to expand broadband to rural areas of NW Iowa & SE South Dakota
Premier Communications out of Sioux Center was awarded a $7 million U.S. Department of Agriculture (USDA) grant to expand broadband internet to rural areas in NW Iowa and SE South Dakota. The grant will benefit the communities where broadband internet services are not currently available.

Read more about the grant.
The Bridge of Storm Lake holds annual banquet
Community members joined together at Buena Vista University over the weekend to celebrate the current programs and look forward to upcoming programs for The Bridge of Storm Lake. The organization raises leaders among youth through programs like Endless Sea Coffee to help young people develop applicable skills for their future careers.

Learn more about The Bridge.
New Clay County Community Calendar and Spencer video
Last week the Clay County Convention and Visitor's Bureau Committee announced the creation of a Clay County Community Calendar that is live now for all events happening across the county. Spencer has also released a new video to promote living in Spencer and the Iowa Lakes Corridor.

Investor Spotlight
Each week we want to feature and thank the businesses and individuals that have committed to economic development and growth in our communities. To learn more about these investors and others, visit our Business Directory!
Vander Haag's, Inc.
Sector: Manufacturing
Location: Spencer
Description: As a family-owned and focused company, Vander Haag's recognizes that service provided to customers is a direct reflection of the abilities and values of the employees. The company strives to promote a well-balanced team dedicated to continuing and expanding the Vander Haag's vision.
Veridian Limited
Sector: Manufacturing
Location: Spencer
Description: Created in 1992 to serve an extablished international customer base, Veridian protective products have earned the respect and acceptance of customers around the world. Today, Veridian is growing quickly, offering exceptional quality, comfort, performance, timely delivery and value to firefighters nationwide.
Jobs in the Iowa Lakes Corridor
Post your jobs where quality candidates are already looking: lakescorridor.com

See current job openings here.
vacancy_sign_desk.jpg
Job Title
Part-time Land Surveying
Employer
Mohning Land Surveying
Date
11/19/2019
Questions? Want to be featured in next week's newsletter?
Contact the Iowa Lakes Corridor at info@lakescorridor.com ,
or call us at 712.264.3474.