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April 28, 2013

DAEDF’s Roggow says Turkey Hunt good investment

DUNCAN — Following the Lt. Governor’s Turkey Hunt a couple of weeks ago, the Duncan Area Economic Development Foundation has received positive feedback from several of the participants.

There were 14 businessmen who attended the hunt, which focuses on creating relationships between potential investors and the area. Lyle Roggow, DAEDF president, said it was a really good group of investors this year.

“The hunters had a fantastic time and I’ve been in contact with several of them and not just them saying ‘thank you’ but some have provided us with leads for business opportunities,” he said. “Some were opportunities themselves and we will continue to work with them, so a lot of positive came from it.”

What some of those opportunities are, DAEDF is not ready to release publicly out of respect for those they are working with. Roggow did say that they are making sure to assist these potential leads with whatever they may need.

Earlier this year, DAEDF purchased 48 acres of land located behind the campuses of Red River Technology Center and Cameron University-Duncan. So far, the area has been reviewed and maps of what they have to work with have been created. Roggow said they are looking forward to making use of the property, however, when that will be isn’t set.

DAEDF plans to build a new incubator location at that property and get out of their current location, which is the old Sooner Trailer building.

“I think we will be successful in this location,” he said. “We make the current location work adequately but we’ve outgrown it to a degree and this will be more of a true incubator location.”

Roggow also said that being so close to the two schools, which each have courses aimed at new or continued business education, would be beneficial.

“There are two other partners right there who would help these same businesses if they needed it,” he said. DAEDF’s incubator program began in 2009 which is designed to give manufacturing and service-type entrepreneurs a start-up boost to their businesses. The program allows start-up businesses a maximum of 10 years of “incubation.” During this time, DAEDF lends its support in numerous ways to ensure and nurture the success of the business.

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