News

City of Colo Receives Ripple Effect Grant For Housing Subdivision Planning and Engineering

Aureon has announced that the City of Colo is the recipient of a $5,000 Ripple Effect planning grant for the pre-development costs and planning assistance of a new housing subdivision in Colo. The city will use the grant proceeds to help defray the cost of the planning and engineering services required for the housing development. The Ripple Effect grant was applied for and matched by Colo Telephone Company, the city’s full-service telecommunications provider to make a total of $10,000 available for the pre-construction project costs. The remainder of the cost will be provided by the City of Colo and private contributions. A check presentation will be held on Friday, December 2, 2016 at 2:00 pm at Colo City Hall. 

“The Ripple Effect grant, in addition to our company’s $5,000 match will assist the city with the development costs of the new subdivision. We are pleased that we could apply to Aureon for their grant to help with the planning of this very important development for the community” says Larry Springer, General Manager of Colo Telephone.

About Ripple Effect

The Ripple Effect program, a partnership alliance between Aureon and Iowa Area Development Group (IADG), is designed to advance the business and community development vitality of rural Iowa by joining local Independent Telecommunications Companies and partnering municipalities in their economic development initiatives. The program provides financial and technical assistance to business and industry and communities through local telecommunication providers, to stimulate growth and development in rural Iowa. The program makes available low-interest loans to business applicants and planning grants to communities and their economic development partners for various types of community development projects.  At a minimum, the Independent Telecommunications Companies are required to make a one-to-one match to leverage the financial assistance provided by Ripple Effect.

Other Ripple Effect services include financial packaging for development projects; business marketing and outreach; and development project facilitation including direct financial assistance through loans and grants from Aureon. For decades, Aureon, through Iowa’s Independent Telecommunications Companies and IADG on behalf of the Rural Electric Cooperatives has provided leadership, vision, and commitment to rural communities. For more information about this grant or the Ripple Effect program, contact Sue Cosner, Vice President, Community Initiatives, IADG; scosner@iadg.com, 515-777-7308; www.rippleeffectworks.org and on Twitter @RippleEffectIA.

About Aureon (www.Aureon.com)

Aureon, the new name for the INS Family of Companies, is a business solutions provider who connects possibilities to productivity by providing unique and scalable business support services for organizations — small and large. Headquartered in the heart of the Midwest, and serving clients nationally with a presence in 48 states, Aureon offers a comprehensive suite of support services, with a focus on Technology, HR and Contact Center services. Aureon’s unique combination of talent, technology and tools enable clients to focus on their core business. For more information, visit Aureon.com.

About Colo Telephone (http://www.colotel.org/)

Colo Telephone Company provides telephone, cable and digital cable, and internet services to the City of Colo and throughout their service area with internet speeds up to 1-gigabit/second to homes and business. Their network offers a totally redundant fiber ring and a speed and quality that few can match.

 Colo Telephone Company’s mission is: to be the communication company that fulfills our customers’ needs and exceeds their service expectations allowing us to continually reinvest in new technologies to ensure the continued growth of our company and creating beneficial relationships for our employees, shareholders and communities in which we continue to do business as we have for over 100 years.

 Colo Telephone Company’s Vision:

  • Be an innovator in the electronic communications industry in our market area and provide packages of services that offer high value to the consumer, a profitable return to our company and its shareholders.

Be a good citizen in the communities served by engaging in open, honest and direct communication.Be ever mindful of our obligations to our employees with training, support and a working environment that maintains a focus on meeting the needs of customers with a positive attitude.

About Iowa Area Development Group (www.iadg.com)

Iowa Area Development Group is the marketing and economic development office for Iowa’s rural telecommunication companies, rural electric cooperatives and select municipal electric utilities. IADG has assisted with over 2,000 successful business expansions and start-up projects. This growth represents capital investment of more than $10.15 billion and 51,500 jobs for Iowa. The Iowa Area Development Group was established in 1985 to promote and strengthen rural Iowa development opportunities with no-cost services that include building and site selection, financial packaging, research and education, marketing, and other technical assistance.

Media Contact:

Sue Cosner, Vice President, Community Initiatives, IADG; scosner@iadg.com, 515-777-7308; www.rippleeffectworks.org and on Twitter @RippleEffectIA.