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--Economic Development-- Since 1936, our dedication to community growth has been unwavering. It is with great pride that we are able to help businesses in the communities we serve secure funding to start or grow their businesses. For your convenience, you can double-click on the following links to bring you directly to a specific economic development project. Note: You can enlarge all photos by double-clicking on the photo. Northshore Business Enterprise Center Wolf Ridge Environmental Learning Center Northshore Business Enterprise Center
Through a joint effort between CLP and the Rural Economic Development Loan & Grant Program, we were able to secure a $400,000, 0% interest loan for the NSBEC. Without this aid, the NSBEC would never have been a reality. The funding assisted in the development of the center; more importantly, it was an anchor to secure the additional funds needed to complete the project. This particular project has created a revolving loan fund that is administered by CLP. This means that when the NSBEC has paid back all or part of the loan, it will go into a loan fund for future economic development projects in the communities we serve. For more information on obtaining funds from the revolving loan fund, please contact Steve Wattnem at (218) 834-2226. The NSBEC is ideal for Technology Companies, Light Manufacturing, and Research & Development departments. The NSBEC offers companies affordable space, technical assistance, support services and a central location. Through a partnership between NSBEC and the University of Minnesota Duluth Center for Economic Development, companies can enjoy the benefit of assistance with Market Research, Business Planning, Loan Packaging, New Product Development and Management Assistance. The building is also equipped with such technology as T1 lines and video conferencing for the companies to utilize. For more information on locating your business at the NSBEC, contact Mike Valentine (218) 834-3489 or visit their website at www.nsbec.com.
Through a joint effort between CLP and the Rural Economic Development Loan & Grant Program, we were able to secure a $400,000, 0% interest loan for the Community Center. Without this aid, the Community Center would never have been a reality. The funding assisted in the development of the center; more importantly, it was an anchor to secure the additional funds needed to complete the project. Currently, 1/3 of the commercial/retail space is rented. Tenants include the City Clerks Office, the Maintenance Supervisor, The City Council Meeting Chambers, The Township Board and the Lemon Wolf Cafe featuring home cooking! For more information on locating your business in the Beaver Bay Community Center, please contact Wayne Johnson at (218) 226-4404, Bev Dufault at (218) 226-3251 or Patty Payne of Bayview Realty at (218) 226-3606.
Through a joint effort between CLP and Great River Energy's (GRE) Economic Development Loan Program, we were able to secure a $200,000 loan for Cove Point Lodge. This loan assisted with the initial construction of the facility. Over 12,000 people stay at Cove Point Lodge annually. Guests can enjoy a full meal in the Dining Room or sit by the fire with a book or a game. The lodge also features an indoor pool and hot tub. The warm decor, furnishings and exterior are done in cedar and pine. the rustic Scandinavian architecture radiates old world charm. For more information on Cove Point Lodge, call (800) 598-3221 or visit their website at www.covepointlodge.com. Wolf Ridge Environmental Learning Center
Through a joint effort between CLP and Great River Energy's (GRE) Economic Development Loan Program, we were able to secure a $200,000 loan for Wolf Ridge. Gaining no public funding, this loan assisted with the construction of a dormitory for the students. Through our affiliations with GRE, we were also able to offer a $10,000 gift for a prior capital expansion project and are pledging $30,000 over a three year period to help fund the new Energy Lab. Because of this funding, Wolf Ridge can continue to expand and update it's learning facilities and teach the communities we serve the importance of environmental education. Wolf Ridge offers immersion programs which involve direct observation and participation in outdoor experiences and focus on ecology and science, human culture and history, personal growth, group building and outdoor recreation. For more information on Wolf Ridge contact Gary Deason or Jack Pichotta at (800) 523-2733 or visit their website at www.wolf-ridge.org. Home / Contact Us / CLP History / Touchstone Energy
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