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.
In every success story, you will find someone who has made a courageous decision. – Peter F. Drucker
DMC’s mission to attract people, investment opportunities, and jobs to Rochester is reflected in the entrepreneurial spirit of our community. Several of those entrepreneurs were honored at the third annual RAVE (Recognizing, Awarding, and Valuing Entrepreneurs) celebration in November.
Hosted by the Rochester Area Economic Development, Inc., known locally as RAEDI, the event welcomed 200 guests and over 75 entrepreneurs.