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RMDZ Program Evaluation Project

RMDZ Program Evaluation Project. Agenda Item 12 February 2008 Corky Mau. Presentation Overview. Project Goals Project Considerations Project Activities To Date Next Steps. Program Background. Legislative Program Goal By the Numbers….. 33 Zones 150 loans for $96 million

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RMDZ Program Evaluation Project

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  1. RMDZ Program Evaluation Project Agenda Item 12 February 2008 Corky Mau

  2. Presentation Overview • Project Goals • Project Considerations • Project Activities To Date • Next Steps

  3. Program Background Legislative Program Goal By the Numbers….. 33 Zones 150 loans for $96 million 530 businesses helped

  4. Program Funding

  5. Project Considerations • Strategic Directives 6.3 and 6.4 • Stakeholder input • RMDZ Survey

  6. Activities To Date • Project Team • Timeline Developed • Survey Questionnaire

  7. The RMDZ Survey • Survey Goal • Survey Format • Survey Participants • Zone Administrators • RMDZ Loan recipients • Loan Committee Members • Board staff

  8. Survey Findings • Response Rate • 3 New Program Issues Identified • Proposed Courses of Action: • No Action Needed • Action: Discussions with Legislative Office • Stakeholder Workshop – Feb 2008 • Stakeholder Workshops – Spring 2008

  9. Action or No Action? • No Action: • Loans on emerging technology projects • Included in current eligibility criteria • Take Action: • Discussions with Legislative Office • Loan program sunset date • Establish an RMDZ grant program

  10. Stakeholder Workshops • February 21-22, 2008 • Offer loans outside of zones • SD 6.4 and Loan cap • Regional RMDZ meetings • Zone Incentive Funds • More marketing tools & resources • Agenda item in Summer 2008

  11. Stakeholder Workshops • Spring 2008 • North and South locations • Loan Program Eligibility Criteria • General loan eligibility • Project eligibility • Agenda item in Summer 2008

  12. Next Steps……………. • Project Team meetings • Workshop planning meetings • Board agenda item in summer 2008

  13. Questions?

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