• Events
  • Business Retention & Expansion Awards

Business Retention & Expansion Awards

The PDI Business Retention and Expansion (BRE) Awards Program recognizes the contribution of BRE to the success of local and regional economic development initiatives.

Awards Presentation: The PDI BRE Awards were presented on May 9, 2019 during the luncheon of the Iowa SMART Economic Development Conference, at the location is the Community Choice Credit Union, Des Moines, IA

Purpose of Award: To increase the focus on BRE in economic development organizations by identifying programs and projects that have significant impact on Iowa communities.

Eligibility: All PDI members are eligible to receive the award. Eligible programs/projects are those in which the nominated entity plays a coordinating role or in which BRE activities play an integral role in the success of an economic development strategy. The programs/projects nominated may include those serving local or regional areas. Ongoing BRE programs or projects within the last 24 months are eligible.

Sponsored by: Blane, Canada Ltd. And Smart Solutions Group

CONGRATULATIONS TO THE 2019 BRE RECIPIENTS!


2019 Overall Program Awards:

The Overall BRE Program Award recognizes a community or region that has implemented a successful BRE initiative for their area. Criteria used to select the winners were: the success of communicating the program, improvements to the business climate, and measurable results and outcomes. We have two award winners in this category:  

Lee County Economic Development

Grow Lee is a collaborative effort spearheaded and facilitated by Lee County Economic Development Group to create bold ideas and action plans for their future workforce needs. The organization created the 12 Plus program to be led by local industry to provide STEM and career exploration opportunities for Lee County residents and students. It includes employability classes, student team projects for local industry, industry tours and more. The program affected over 3,700 students last year and is projected reach over 4,000 this year.

Lee2019BRE


Kossuth/Palo Alto Economic Development

Kossuth/Palo Alto EDC has a comprehensive BRE program that conducted 167 BRE Visits last year. The program includes an annual Business Survey, Business Call Visits, Economic Impact Snapshot, Intern Programs, Human Resources Networking Committee, and Palo Alto County Leadership that are all critical programs and committees that address workforce issues to keep the region viable and assist with growing the workforce and future leadership pool.

Kossuth2019BRE 


 

2019 Single Project awards:

Single Business Retention and Expansion Project Category recognizes a single event or issue in which a community successfully mobilized to retain or expand an existing business. Consideration was given to the process of identifying the opportunity, collaboration with local, regional and/or state partners and the ability to respond quickly. Two awards were given in this category.


Decatur County Development Corporation for the Freedom Racing Tool and Auto project

Freedom Racing Tool and Auto was established in 2010 in Lamoni and is an industry leading e-commerce business that sells new and pre-owned automotive specialty tools. The company was experiencing rapid growth going from three to 29 employees, leading them to look for locations to expand. Freedom Racing was recruited by communities in Missouri, but the Decatur County Development Corporation teamed with multiple local partners in the community to put together a great package to keep them home in Lamoni by helping them build and expand their facilities to meet their needs.

DecaturCty2019BRE  


The Ames Economic Development Commission and The City of Nevada for the Burke Corporation/Hormel expansion project

The City of Nevada partnered with Ames Economic Development Corporation to retain the communities’ largest employer, Burke Corporation, with a $150 million expansion creating 250 new jobs. Ames Economic Development Corporation and the City of Nevada worked with community partners to secure a competitive incentive package, address road infrastructure needs, demonstrate the available workforce, and mitigate wastewater concerns that both Burke and the City of Nevada had. Ultimately the company chose to locate in Nevada over competition from all the rest of the Hormel owned facilities in the US. 

Ames2019BRE


Special Recognition Category

This past year several of our communities experienced natural disasters that caused significant damage and severely threatened the existence of the businesses in those areas.

Marshall Economic Development for the creation of the Disaster Relief Microloan Program

The devastating tornado hit on July 19, 2018, the downtown business district and nearby commercial/industrial area was hit especially hard. Many businesses needed access to flexible capital as a bridge until operations and revenues could be returned to normal levels. Within six weeks Marshalltown Economic Development, Consumers Energy, and Heart of Iowa Communications Cooperative created a $340,000 fund. This provides interest-free microloans up to $10,000 to established Marshalltown businesses affected by the tornado to help with short-term capital needs necessary to recover. The three organizations, with assistance from Iowa Area Development Group, secured a special provision from the USDA enabling them to utilize their RLF funds to support the Program. The program has assisted 21 companies to date, with loans to businesses totaling $197,000.

 MarshallBRE

          The BRE Awards are Proudly sponsored by Blane, Canada Ltd. And Smart Solutions Group


2018 BRE Award Recipients

Overall BRE Program Award:

  • Midwest Partnership EDA
  • Ames Economic Development Commission

Single BRE Project/Success:

  • Iowa Lakes Corridor Development Corporation - Grape Tree Medical Staffing Company
  • Ottumwa Economic Development Corporation - Al Jon

2017 BRE Award Recipients

Overall BRE Program Award:

  • Lee County Economic Development Group
  • Northwest Iowa Development

Single BRE Project/Success:

  • Sheldon Chamber and Development Corporation - Rosenboom Machine & Tool Expansion Project
  • Ida County Economic Development - VT Industries

2016 BRE Award Recipients

Overall BRE Program Award:

  • BEST of the Cedar Valley
  • Lee County Economic Development Group

Single BRE Project/Success:

  • Greater Fort Dodge Growth Alliance - Riverside Facility
  • Quad Cities Chamber/Quad Cities First - Kraft Heinz Foods Company

2015 BRE Award Recipients

Overall BRE Program Award:

  • Iowa City Area Development Group
  • Marion County Economic Development 

Single BRE Project/Success:

  • City of Sioux City - Bomgaars Supply Inc. Expansion
  • Marion Economic Development Group - Legacy Manufacturing Expansion

2014 BRE Award Recipients

Overall BRE Program Award:

  • Ames Economic Development Commission
  • Greater Dubuque Development Corporation
  • Quad Cities Chamber of Commerce

Single BRE Project/Success:

  • Iowa Lakes Corridor Development Corporation
  • Midwest Partnership Economic Development Corporation

2013 BRE Award Recipients

Overall BRE Program Award:

  • Warren County Economic Development Corporation

Single BRE Project/Success:

  • City of Sioux City Economic Development - Sabre Industries Inc. Expansion
  • Mount Pleasant Area Development Commission - Nypro Kánaak Iowa Expansion
  • Mitchell County Economic Development - Grain Millers, Inc. Expansion

2012 BRE Award Recipients:

Overall BRE Program Award

  • Greater Dubuque Development Corporation, InfoAction
    Greater Dubuque Development Corporation’s VP for Existing Business, Dan McDonald
  • Iowa City Area Development Group, “Minding our Own Business”
    Mark Nolte, Business Development Director, ICAD

Single BRE Project/ Success

  • City of West Des Moines, Executive Call Program and work with Iowa Network Services
    Representing the City, Clyde Evans, Naomi Hamlett, and Jo Eckert
  • Kossuth/Palo Alto County Economic Development Corp, “Existing Industry Report / Economic Analysis
    Maureen Elbert, Executive Director, Kossuth-Palo Alto Counties Economic Development Corp.

PDI Presents Five Business Retention Awards during SMART Conference

Following PDI’s incredibly successful How2 Spring Conference, PDI presented the Business Retention Awards on May 9 during the SMART Conference. There were three award categories:

 

  1. Overall BRE Program
  2. Single Project Success 
  3. New this year, Special Recognition to an organization that has overcome a significant event