Target Alpena Development Corporation

Target Alpena Development Corporation is Alpena, Michigan's one stop for regional economic development. Combining a Revolving Loan Programs with friendly, educated staff who understand the difficulties and opportunities facing the region, Target is dedicated to bringing a higher quality of life to all the residents of Northeast Lower Michigan.

Target Alpena operates as a clearinghouse for regional difficulties, serves to market Alpena to the rest of the world as a place for growing business, and provides loan capital for small business startup in the region. A priority focus for Target is the rise of entrepreneurship in Alpena through economic gardening and business training programs.

Current Projects

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The Executive Pulse software is currently being implemented for Alpena County. What is needed from the community are business owners to fill out a short survey regarding the issues affecting their business. This information will be compiled into the software, and allow Target to track local economic data. Once completed, please return the survey to the Target office.

For a copy of Alpena County's Economic Profile, please contact the Target Alpena office directly.

Target has just unveiled its Strategic Plan to the public a little over two years ago. This document can be reviewed by clicking on the link. Target is currently restructuring its economic plan to focus on "economic gardening" and "land and policy development".

The Future Leaders Committee, a subcommittee of Target Alpena, is working with Alpena Public Schools on youth based entrepreneurial development and youth involvement with community and economic development planning.

Micro Revolving Loan program gets a boost. Target was recently announced as the receipant of a $99,000 grant from the USDA to recapitalize our revolving loan program. The program assists business startups and business expansion.

Regional Incubator taking shape! Alpena, Mountmorency, Presque Isle and Alcona Counties are currently coordinating efforts to develop a regional virtual incubator. A virtual incubator will foster business growth and help enterpreneurs to efficiently start business operations. Target Alpena and Alpena Community College are working the development of site built incubator that will focus alternative electrical energy and a mixed used business incubator which will provide a place for local entrepreneurs to start their business by providing them with the necessary skills and professional assistance for businesses to succeed.

Target has received a grant to sponsor a Windmill Feasibility Study for Alpena. The wind study is currently underway.

Target Alpena is partnering with the Alpena Regional Fiber Consortium, to expand broadband capabilities to everyone in Alpena County!