A campaign designed to increase private sector support for economic development has seen a bit of early success.
“Invest in Marshall County” has attained one-third of its goal since being launched by the Marshall County Economic Development Corporation last April. Any funds raised will be used to retain and attract businesses, but also expand businesses already in the area.
The four-year capital campaign is aiming to raise about $200-thousand annually. 39 businesses have contributed to the cause through financial donations or in-kind contributions.
Monies will be used for increased marketing of available sites, and recruiting a skilled workforce for local employers. The latest contribution came from a bank in Marshall County – which provided $15-thousand for the effort.
The Marshall County Economic Development Corporation says the development of a strategic plan, covering their organization’s goals over the next five to 10 years, has also helped develop an estimate of MCEDC’s funding goals.