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August /
September 2011

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The next session of TMACOG Tech will be October 19, at 2:30 p.m., immediately following the TMACOG Board of Trustees meeting. The theme is successfully applying for state and federal grants. There will be no charge but if you plan to attend, please call Jennifer Allen at 419.241.9155 ext. 107.

About 40 TMACOG members and other interested people attended the June 8 session of TMACOG Tech. The topic was Economic Development 101 and presenters were from different parts of the TMACOG region: Thomas Blaha, executive director of the Wood County Economic Development Commission; Timothy Lake, business consultant, Monroe County Industrial Development Corporation; and Jerry Hayes, executive director, Defiance County Economic Development.

Tom Blaha began the presentation saying that most economic directors say that their mission is all about getting jobs for residents. However, elected officials are also running a city and need a reliable revenue stream in the form of taxes to pay for removing snow, filling potholes, and funding the police and fire departments. Representing Michigan communities, Tim Lake talked about the difference between nurturing existing businesses, and attracting new ones. He showed how that difference is minor because satisfied business people attract more business.

One of the many advantages our region has going for it, added Tim Lake, is solid infrastructure. Companies would rather walk into a finished building with excellent utilities in place than go into debt building in a green field. The balance of the TMACOG Tech session dealt with the wide range of state and federal funding options that are still available, even considering the economic conditions in the area.

 


Jerry Hayes from Defiance County described sources for state
and federal funds for economic development
.


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