UMD Receives Excellence in Economic Development Award

By KBJR News 1

UMD Receives Excellence in Economic Development Award

October 2, 2012 Updated Oct 2, 2012 at 3:57 PM CDT

Duluth, MN (Northland's NewsCenter) -- The University of Minnesota-Duluth's Natural Resources Research Institute has received an excellence award.

The NRRI at UMD has received a Gold Excellence in Economic Development Award for their Small Business Innovation Initiative, the Product Development Fund, in the category of Entrepreneurship from the International Economic Development Council (IEDC).

With the support of the Knight Foundation and Blandin Foundation, the NRRI created the Product Development Fund to help small businesses and entrepreneurs succeed.

IEDC's Excellence in Economic Development Awards recognize the world's best economic development programs and partnerships, marketing materials, and they year's most influential leaders.

The awards honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities.

Posted to the web by Jenna Vogt