Encouraging Small Business Growth and Expansion (Business Incubator Plan)

Metrics

Community Size
47,493
Years
2017/2018
Course Title
Course Letter Acronym
Course Number
Project Lead Faculty

This project was completed as part of the 2017-2018 Resilient Communities Project (rcp.umn.edu) partnership with the City of Ramsey. The City of Ramsey has a successful business retention and expansion (BRE) program that has been focused on small-business development and growth. To advance these efforts, the City would like to pursue new initiatives to attract, retain, and grow businesses, including developing a long-term vision and strategy for a business incubator. To assess the feasibility of a business incubator, students in Dr. Fernando Burga’s Land Use Planning class documented economic development assets in Ramsey, interviewed successful business owners in Ramsey to understand their needs and challenges in starting a business, outlined considerations for the City in launching an incubator, and investigated the potential benefits and challenges of several business incubator models for Ramsey. A final report is available.

Read the final student report delivered to the local gov/community partner.

Resilient Communities Project Contact Info

University Faculty Contact
Fernando Burga
Urban and Regional Planning
Assistant Professor
hfburga@umn.edu

Local Government / Community Contact
Patrick Brama

Assistant City Administrator/Economic Development Manager

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