Red Wing Port Authority is Economic Development!
20 Apr 2022
Red Wing is a vibrant small town, offering ample opportunities for economic and personal growth with direct access to the amenities of the Twin Cities metropolitan area. Economic development is a strong driver in the overall health of Red Wing’s business and residential environment. The Red Wing Port Authority is the leading organization that works tirelessly to promote and maintain continuous momentum in that growth. The 2022 National Economic Development Week, May 9 to 13, is an excellent opportunity to celebrate how the Port Authority’s activities and resources contribute to the economic vitality and quality of life of the City of Red Wing.
The Red Wing Port Authority offers programming and resources year-round to assist local businesses and entrepreneurs, including:
World-class business resources
Red Wing Ignite is a business incubator for early-stage information and technology businesses and offers business mentors, networking events, and access to the Red Wing Angel Fund. In addition, individuals and businesses can access its newly renovated facility with access to a gigabit-speed network and a state-of-the-art conference center.
Facilitate a collaborative business environment
The Port Authority is the best point of contact for entrepreneurs, business owners and site selectors to become immersed in the economic vibe of the City of Red Wing. The Port Authority’s staff can facilitate the exact collaboration of economic development partners necessary to deliver the advantages for your business’s success.
Red Wing is a Minnesota Shovel-Ready certified development site, which means the most-time consuming aspects of moving or starting your business in a new location is already complete. The Red Wing Port Authority can take you through the site selection process to find the perfect location for you and your business.
Connection to Business Incentives
Nothing helps existing and aspiring businesses like incentives that smooth the process and make their efforts more cost-effective. The Red Wing Port Authority provides the knowledge and connectivity to get these individuals in front of the proper available incentives, many of which can be found in this list.
National Economic Development Week
Fortunately, the Red Wing Port Authority is not an island in the middle of a tempest of economic uncertainty. The International Economic Development Council (IEDC) is hosting the seventh annual National Economic Development Week (EDW), May 9 to 13, which is an incredibly beneficial resource to local economic development efforts.
EDW is a chance to recognize economic developers, the local leaders and organizations who work tirelessly toward building vibrant and sustainable communities through activities like recruiting investors, developing businesses, creating jobs, enhancing the tax base and ultimately improving the quality of life of their communities. There are many resources available for those looking to participate in this year's events. The IEDC’s #EconDevWeek22 Toolkit offers a number of ideas while using #EconDevWeek22 can help amplify the value EDOs have in a community.
The Red Wing Port Authority Is the ultimate supportive resource for entrepreneurs and small businesses with a focus on business retention and expansion, workforce development and marketing promotion to ensure the local community can achieve the highest quality of life possible. Reach out to us today to see how we can help!