New “forge” offers Itasca entrepreneurs space for development

0

Itasca Economic Development Corporation recently raised over $ 1 million in grants to renovate a 16,500 square foot facility at 1201 SE Seventh Ave. secured in Grand Rapids. The space, known as “The Forge”, when completed, will be a space for aspiring and seasoned entrepreneurs, students, educators and anyone looking to develop new skills to advance a career in the industrial sector. The plant will be equipped with tools, devices and machines that are available for prototype construction. In addition, industry experts and management consultants are available for advice and advice.

“This project has been going on for so long and we are absolutely thrilled to be moving forward with such force,” said Tamara Lowney, IEDC president, recently in a press release on an Economy Grant from the USDA, which enables us to purchase equipment, do renovations, and get one To create an inspiring place where people can explore and repeat great ideas. “

The USDA grant program provides assistance in creating and replenishing high-wage jobs, accelerates new business startups, supports industrial clusters, and maximizes the use of local means of production in eligible low-income rural areas. The IEC was one of only 10 scholarship recipients this year.

The facility also received a $ 130,000 grant to its partner in the Itasca Community College program from the Minnesota Department of Iron Range Resources and Rehabilitation and $ 150,000 from Itasca County’s ARP Funds and $ 50,000 from Arrowhead Intelligent Region.

The facility will also include a high-tech classroom, communal break area, student-only area, and private innovator areas that will be rented to entrepreneurs. The company plans to work with existing employees and provide a space for students to learn about various industries and opportunities in the region.

“We are excited to have this opportunity at The Forge,” said Jessalyn Sabin, interim dean for academics at Hibbing Community College. “When the students see what’s out there, they find that the region offers more opportunities than they ever thought possible. The smithy will provide the local students with extremely valuable experiences. “

The project is a partnership between IDEC, the Northeast Office of Job Training, the Minnesota Department of Employment and Economic Development and Itasca Community College / Minnesota North Colleges.


Source link

Share.

Leave A Reply