East-Central Iowa REC has been recognized by the Iowa Area Development Group (IADG) for economic development accomplishments and commitment to community. At our June Board of Directors meeting, IADG President Rand Fisher and Senior VP of Finance & Operations Bruce Nuzum presented ECI REC with the IADG Impact Award for community development.
A recent example of ECI REC’s commitment to community is the support of Dr. Robert Pipho’s new dental facility in Dysart. ECI REC secured an award from the USDA Rural Economic Development Loan and Grant program to provide a $480,000 pass-through loan to support construction of the office. The space provides increased capacity to better serve the citizens of Dysart and the surrounding area. In addition to this project, ECI REC also actively provides technical assistance and funding to projects across our service territory through our Revolving Loan Fund.
“We commend East-Central Iowa REC for being an active supporter of this new dental office and so many other initiatives in the communities they serve,” said Rand Fisher. “They provide essential financial and technical assistance that many times is a critical component in successfully securing projects that create jobs and support community vitality.”
The Iowa Area Development Group is a business and community development leader that partners with over 220 Iowa entities, including Iowa’s member-owned electric cooperatives. IADG has assisted with over 2,100 successful business expansions and start-up projects. Founded in 1985, the Iowa Area Development Group was established to promote and strengthen rural Iowa development opportunities.
Left to right : IADG President Rand Fisher, Board President Steve Rau, CEO Teresa Floyd, and IADG VP of Finance & Operations Bruce Nuzum.