A new business recently accepted a proposal from Beemer that will hire up to 10 employees. Beemer received assistance from Cuming County Economic Development in developing their proposal. Beemer offered incentives to attract the business.
I have mixed feelings about this news. As a member of the County ED Board, I am glad that new businesses are moving into Cuming County. According to County ED Director Garry Clark there were five small communities considered within the Cuming County Public Power District. Bancroft was one of these communities. The fact that the Roger's Market building in Bancroft was not seen as a desirable location is disappointing.
So what needs to be done to prepare ourselves to capitalize on the next opportunity?
Local banks and property owners of the available spaces in Bancroft need to work together to develop a plan for offering incentive packages to prospective businesses. The Bancroft Village Board sounds supportive of setting aside money for economic development when the budget allows. Bancroft needs to support the Village and vote FOR the local sales tax on the May ballot.
