Tag: Journey to Growth (J2G)

RAEDI launches Southeast Minnesota Capital Fund

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As DMC drives growth and investment in and around downtown, Rochester Area Economic Development, Inc., commonly referred to as RAEDI, and Journey to Growth (J2G) work to diversify the economy and increase investment throughout the entire region.

To help these complementary efforts succeed, RAEDI recently launched the Southeast Minnesota Capital Fund, which was spearheaded by J2G back in 2015 when the group recognized that one of the primary barriers for startups was the lack of local angel financing.

Growing an ecosystem of entrepreneurs

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A diverse economic landscape is paramount to a community’s growth and long-term success. It is also integral to the DMC mission.

Troy Henikoff
Troy Henikoff

Troy Henikoff is the managing director of Techstars Chicago, a global ecosystem that helps entrepreneurs build great businesses. But Troy’s entrepreneurial involvement doesn’t stop there. Henikoff is a force in Chicago’s startup community and widely recognized as an expert in entrepreneurship – both from an academic and an industry perspective.

DMC joins Rochester Area Chamber of Commerce and SE Minnesota leaders in St. Paul

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More than 200 people from 10 southeast Minnesota chambers of commerce made the trek to St. Paul to engage with state legislators.

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Executive director Lisa Clarke

This was the first time the region has joined together for this event, and Lisa Clarke, DMC EDA executive director, recognized the importance and appreciation of this type of synergy.

“Having us together to represent our region as a whole is a testimony to how we are working together to make an impact for the state of Minnesota,” she says.