PROGRESS…HOW IT EVOLVED June 2012: Hiawatha Broadband named Ignite partner July 2012: Red Wing selected as HBC Ignite community August 2012: Bill Wallace

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    13-Dec-2015

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Slide 2 PROGRESSHOW IT EVOLVED June 2012: Hiawatha Broadband named Ignite partner July 2012: Red Wing selected as HBC Ignite community August 2012: Bill Wallace visits to discuss potentials with Red Wing leaders Small, dedicated group formed to shepherd development Slide 3 ACTIVE FEW MAKE BIG THINGS HAPPEN Plans immediately begin to take shape Public safety, health care selected as focus Not-for-profit status decided upon Business incubator determined a wise first step Building located, secured, remodeling designed Initiative formally launched in January 2013 Beyond incubation: getting them to stay Slide 4 ONGOING PLAN FOR SUCCESS CREATED Equity fund to assist start-ups created Early fund-raising efforts successful Remodeling funds secured Incubator opening set for April Developers being successfully recruited Operating funds now being sought Success seems inevitable