Annual Impact Report
2022
Serving the Community The Alexandria Area Economic Development Commission (AAEDC) is a private non-profit, 501(c) (6) corporation established in 1990 to lead economic development in the region by engaging leaders to grow business and expand the talent base. Our Mission is "Promoting prosperity and optimizing opportunity in the Alexandria region."
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INCREASE THE RETENTION & SUCCESS OF ALEXANDRIA AREA BUSINESSES CONSOLIDATE EFFORTS AND UTILIZE LOAN FUNDS TO MEET SPECIFIC NEEDS OF THE ALEXANDRIA AREA ENHANCE OUR ENTREPRENEURIAL ECOSYSTEM
“We definitely needed that AAEDC loan to be able to do what we wanted to do. It helped us be that much farther ahead."
McCarten Design
PROJECTS
DETAILS
DOUGLAS MACHINE & INNOVATIVE BUILDERS
City of Alexandria TIF creation for the construction of a 146,900 square foot new build and remodel of manufacturing facility
CREATIVE TOUCH GALLERY
Gap loan for purchase of new site and the construction of a 3-story building in downtown Alexandria
CAR CARE PROGRAM
Loan program implemented to fund workforce vehicle recipients
SUNOPTA GRAINS AND FOODS, INC
City of Alexandria TIF creation for the construction of a 252,000 square foot new build warehouse
DUNN BROTHER'S COFFEE
Gap loan for purchase of the business
Economic & CommunityImpact $40.7 MILLION
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Capital Investment in Douglas County
New Jobs Created
Business Coaching Sessions
New Douglas County Businesses
Through targeted marketing, we got in front of 2,380 specific companies over 367,000 times.
99,118 REACH 4,293 FOLLOWERS
138.7%
37,561 VIEWS BUSINESS COACHING
182.9%
435 FOLLOWERS
NEW PLATFORM FOR AAEDC
320.763.4545 | aaedc@alexmn.org | www.LivingAlexArea.org I 324 Broadway Suite 101, Alexandria, MN 56308