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Business SupportKent County’s Economic Development Office both leads and participates in activities designed to assist local and prospective businesses in achieving their company’s goals and objectives. The Economic Development Office strives to provide a centralized problem solving location for county, state, federal and private resources designed to continually improve the county’s business climate and living and working environment. The mission of the Kent County Economic Development Office is to help our residents and businesses by providing better opportunities to live and work in an economic environment where they can prosper in comfort and security, and where the quality of their economic life mirrors the quality of their physical environment. The Economic Development Office is supported by the Kent County Economic Development Advisory Board, a seven-member Board appointed by the Kent County Board of Commissioners as an advisory body to the Commissioners. The purpose of the Board is to review general economic development issues which affect the county, and to recommend strategies or courses of action, as appropriate, to the County Board of Commissioners. The current Advisory Board members are: Stuart “Mickey” Elsberg, Chairman, Carrie M. Anderson, Thomas K. Beckett, Sr., Jeff Grafton, Jim Gillespie, C. Breck Debnam, Jay Yerkes and Jack Steinmetz (Economic Development Office Director and ex-officio member). The Economic Development Office is also supported by the Kent County Loan Advisory Review Committee, a five-member Committee appointed by the Kent County Board of Commissioners as a review and recommendation body to the Commissioners. The purpose of the Committee is to thoroughly review all applications for loans under the Kent County Revolving Loan Fund, and recommend approval or denial to the Board of Commissioners for final action. The Revolving Loan Fund program is intended to provide individuals and businesses with financing which would not be available through normal bank lending programs. This low-cost loan program could be a stand-alone loan or could participate with a traditional bank loan to provide all of the funds necessary to complete the businesses’ planned operation or expansion. Loans may be used for real estate purchase, start up, working capital or fixed asset acquisition. Please click onto the Loan Fund section of our website for complete information and an application form. The current Loan Review Committee members are: Roger Williams, Chairman, Stuart “Mickey” Elsberg, Raymond Tarrach, Susanne Hayman, and Jack Steinmetz (Economic Development Office Director and ex-officio member).
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