Business innovation, jobs and economic growth will be key themes for the stable but growing Kandiyohi County and City of Willmar economy in the remainder of 2013 and looking forward to a robust 2014.
Kandiyohi County and the City of Willmar is an economic bright spot in rural Minnesota with innovation continuing to put our area solidly on a course for major and sustainable economic growth. The companies in our city, our county and our area have demonstrated an entrepreneurial spirit of innovation that has allowed us to be national, and even global, leaders in several areas. Spotlighting a large industry-base in the fields of extended healthcare delivery systems; multi-faceted food product creation, preparation and delivery; pre and post K-12 educational fulfillment; governmental; finance and professional services cause analysis to predict strong economic seedbed preparation and continued income growth. These factors combined with our rapidly emerging technological element, an improving state and national economy, and an uptick in tourism revenues all point to growth and stability in Kandiyohi County.
Kandiyohi County and Willmar enjoy a dynamic economy with abundant business, social, cultural and natural amenities but local leaders should not become complacent and should continue to foster an attractive environment for businesses. A key to assisting the local economy is to continue to foster small business growth and development. The enthusiasm and zest created by an active small business community is typically manifested by a continued growth of the larger community of businesses. Our financial community is doing their part as they are making credit available and approving most loan applications to creditworthy customers.
I believe that our strong healthcare and enhanced technology sectors create continued opportunities for growth. Will we, in five years, be discussing our new bio-science, bio-medical, micro-robotics and renewable resource driven products and energy companies at the MinnWest Technology Campus, perhaps inspired by the Mid-Central Research and Outreach Center?
Kandiyohi County and Willmar are known as centers of innovation. Our innovation in all facets of food production and the life sciences contribute to this “out-front” reputation and economic success. Our unique and desirable natural and social features are underscored by a vibrant tourism driven portion of the economy.
A healthy economy cannot be achieved without full participation by all segments of our private and public sectors. Internal discussions of how to obtain the full participation that leads to growth and prosperity are healthy and natural to all communities. Disagreement on the issues is to be expected—what we do when we disagree and how to react to disagreement is what sets us apart and allows us to move forward.By Steven C. Renquist, EDC Executive Director, originally published in the July 2013 issue of WCT Business2Business