TEDD LINES

April 2005

TEDD Lines is a bi-monthly newsletter with ongoing Economic Development news and available grant information from Tri-County Economic Development District. If you would like to receive an email regarding future issues, please send an email to
admin@teddonline.com with "add" in the subject line. We hope you enjoy the newsletter.

If you have comments or suggestions TEDD LINES, please send an email to
admin@teddonline.com,.

Thank you for taking time to learn about economic development in Ferry, Stevens and Pend Oreille Counties. At TEDD, our job is to care about your job.

Partnership Awards for 200:

TEDD recently announced their 2004 partner of the year awards. Here are the recipients:

Economic Development Partner of the Year

Ferry County: Ron O’Halloran, Ferry County Hospital
Pend Oreille County: Joe Onley, Pend Oreille County PUD
Stevens County: Jean Conger, Hearth & Home Technologies
Paul Wade, Hewescraft

Associate Partner of the Year

Tom O’Brien, Eastern Washington Partnership of the Workforce Development Council

Loan Partner of the Year

Sue Poe, A.G. Edwards

For more information, follow this link to the full Press Release.

Economic Development

Follow the links to view each county’s current and ongoing projects.

Rural Opportunities Loan Fund (ROLF)

The Rural Opportunities Loan Fund (ROLF) is the lending arm of Tri-County Economic Development District (TEDD). The fund is designed to help finance the creation, retention, or expansion of rural businesses through the creation or retention of jobs. The ROLF has loaned over $10.5 million to small businesses in Eastern Washington resulting in over 1,840 jobs.

Tri-County Economic Development District made its first loan in 1985 servicing the tri-county area of Stevens, Ferry and Pend Oreille and then expanded its operations in 1993 to include seven additional counties: Adams, Asotin, Garfield, Grant, Lincoln, Whitman, and Rural Spokane Counties. .

While the ROLF is prohibited from participating in agricultural lending and cannot lend to those who can get 100% financing from commercial sources, loans have been made to businesses that include a wide variety of industries: from child daycare centers and manufacturing, to logging operations, fast food franchises, and a tortilla factory. TEDD lending helps serve the needs of Eastern Washington small businesses.

For further information see our web-site and follow the link to Business Financing.

What is the Five Star Enterprise Community?

Follow the link to find out more about the Five Star EC and meet the new Executive Board.

What is the North East Washington Regional Transportation Planning Organization?

Follow the link to find out more about the NEW RTPO and meet the new Policy Board.

Available Grants

Click on the link to view Grant Information.

Important Washington State Legislation

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Click here to visit the Washington State Legislature web site for more information on economic development.

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