Lincoln County Economic Development Corporation

“Expenses marketing & promotion 1,014 mileage reimburse 2,309 meals 1,618 conference 1,730 professional devel 400 work comp 229 liability d&o 1,530 organizational affiliatio 1,639 membeship services 240 non-investment depreciation 12 total 10,721”

“PY ADJUSTMENTS 542”

“Prepaid expenses and deferred charges 500 1,040 5,538 5,538 less accumulated depreciation 5,526 5,538 total 512 1,040”

“Payroll liabilities 2,994 1,891”

“To deliver economic development services to facilitate creation, growth and retention of lincoln county businesses.”

“Strategic planning: the economic development alliance of lincoln county was created in 1994 and charged with making a road map for economic development in the county. Consequently, we consult with economic development leaders in the community to set and update the goals of the county, and participate in regional and statewide goal setting such as the ceds and oregon business plan.”

“Community and economic development grant review: the board of directors serves as the review committee for the lincoln county community and economic development grant fund. The alliance board reports to the board of commissioners and delivers its recommendations. The criteria are updated and refined periodically and executive director caroline bauman holds train ing seminars for grant applicants to assist in their success.”

“Source of information to the public: we provide information to prospective business owners, current owners/managers, and the public on the business climate. We maintain a list of develop able properties and assist in marketing as needed.”

“4.yaquina bay ocean observing initiative: we support an economic development strategy to make newport a hub for all ocean related science and technology in the pacific northwest. There is now increasing scientific and economic activity in our region. In addition to the marine studies cam pus soon to be underway, ocean observing, marine education, and boat building continue to be strengths. 5.enterprise zone management: we provide information for qualifying companies (certain industries) to take advantage of this tax incentive offered by the state of oregon. Qualified applications are submitted and reviewed locally. 6.active partnerships: the edalc is an active partner with chambers, small business development, and the yaquina bay economic foundation. With usda support, we are focusing on marine related industry in our county to create an industry cluster of supportive economic activity for seafood products, scientific research, and renewable energy. We are serving entrepreneurs and local startups, through working with rain (regional accelerator and innovation network to provide support for them.”