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in the costs for the first year of having <br />the business logos placed on the blue signs on the interstate. Since there is no sign for our <br />exit, it may take several months to get the signs put up, due to a backlog of work and <br />material delays. <br /> <br />2021 Budget <br />The EDA discussed its preliminary 2021 Budget at its meeting on 8/19 and informally agreed <br />to request an increase in their annual allocation to help support ongoing programs, such as the <br />Blue Logo Sign Program and CenterStage as well as provide a small amount of capital to fund <br />some streetscaping elements like banners, etc. <br /> <br />Minnesota Technology Corridor <br />The Excipio Data Center Feasibility Study kicked off with an initial meeting on 8/25. <br />The meeting reviewed the scope and schedule for the project, which should take about 8 <br />weeks. The study is looking at the viability of a data cente <br />industrial zone and is being funded in partnership with Connexus Energy, Comcast and <br /> <br />Small Business Relief Grants (DEED) <br />Grant recipients are being notified, but a complete list of them is not yet available. <br /> <br />Quad Area Chamber of Commerce <br />Lunch & Learns <br />The Quad Area Chamber of Commerce is hosting a lunch and learn event: <br /> <br />Community & Local Business On Board & Speed Networking Event <br />o Register for this Event <br /> <br />Anoka County Regional Economic Development (ACRED) <br />The Marketing Subcommittee continues to plan for scheduled events in the fall of 2020 in <br />conjunction with the MN Real Estate Journal. Some events are being converted into <br />virtual experiences. Below is a list of events being sponsored by ACRED and their current <br />status: <br /> <br />nd <br /> North Metro Summit (virtual) September 2 10:00AM-12:00 PM <br />th <br /> Land Development Summit (in-person) September 11 8:00 AM -12:00 PM <br />th <br /> Industrial Summit (in-person) November 13 8:00 AM -12:00 PM <br />th <br /> Redevelopment Summit (in-person) November 19 8:00 AM -12:00 PM <br /> <br />Business 4 Business <br />Greater MSP, the Minnesota Consortium of Community Developers (MCCD) and <br />Counties are joining together with other partners, like local Chambers of Commerce to <br />develop a program called Business 4 Business. The program will rely on donations from <br />businesses who are successfully navigating the current crisis. Then, small businesses, of <br />less than 20 employees, a non-home based location and less than $1 M in annual revenue <br />will be allowed to apply for grants of $7,500 and/or technical assistance, funded through <br />that pool of money. <br /> <br /> <br />