Chamber members learn about LEDC 2012.10.03

Written by David Green.

Loans and grants are available for business expansion  and development in Lenawee County, said the Lenawee Economic Development Corporation (LEDC) director Jim Van Doren. 

Van Doren spoke to members of the Morenci Area Chamber of Commerce last month to give an update on the development organization.

Financial opportunities for entrepreneurs and business owners includes:

• Business Retention, Expansion and Attraction (BREA) funding;

• Business Revolving Loan Fund;

• Brownfield Redevelopment Authority for help with developing polluted projects.

The LEDC works with various economic development organizations including South Central Michigan Works, Michigan New Jobs Training Program, Michigan Manufacturing Technology Center, and the Michigan Small Business and Technology Development Center.

Van Doren said the state economic development department no longer deals with local groups on a county-by-county basis. Now there are six multi-county regions. Lenawee is in a group that includes Washtenaw County.

There were initial concerns about joining in a group that's heavily focused on the Ann Arbor area, Van Doren said, but it's turned out to be an excellent partnership with many strong resources available.

Van Doren spoke about new funding opportunities through the U.S.D.A. that offers loans to small businesses—an effort that fits into the LEDC philosophy of “taking good ideas and making them better.”

More information about the agency can be found at theledc.org.

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    SCULPTORS—Morenci third grade students Emersyn Thompson (left) and Marissa Lawrence turn spaghetti sticks into mini sculptures Friday during a class visit to Stair District Library. All Morenci Elementary School classes recently visited the library to experience the creative construction toys purchased through the “Sculptamania!” project, funded by a Disney Curiosity Creates grant. The grant is administered by the Association for Library Services to Children, a division of the American Library Association.
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    REFEREE Camden Miller raises the hand of Morenci Jr. Dawgs wrestler Ryder Ryan as his opponent leaves the mat in disappointment. Morenci’s youth wrestling program served as host for a tournament Saturday morning to raise money for the club. Additional photos are on the back page.
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    FROM THE LEFT, Landon Wilkins, Ryan White and Logan Blaker try out their artistic skills Saturday afternoon at the Morenci PTO’s first Date to Create event. More than 50 people showed up to create decorated planks of wood to hang from rope. The event served as a fund-raiser for miscellaneous PTO projects. Additional photos are on the back of this week’s Observer.

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