Tag: Start-up

RAEDI launches Southeast Minnesota Capital Fund

September 19, 2017General

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.

Showcase your idea at the Investors & Innovators Forum

September 16, 2017General

Got an idea you’d like to share?

The DMC Discovery Square Investors & Innovators Forum is the perfect venue for start-ups, spin-offs, and experienced entrepreneurs to pitch their pioneering ideas, technologies, or solutions.

Now in its second year, Destination Medical Center (DMC) will bring together investors and innovators from around the state to foster conversation, encourage collaboration, and grow partnerships in hopes of advancing healthcare at the 2017 Investors & Innovators Event on Tuesday, October 10.

The Discovery Square Investors & Innovators Forum will run from 1:30 – 4:30 p.m. in the Riverview Suites at the Mayo Civic Center in downtown Rochester.

“We’ve got an app for that”: Q&A with Wade Beavers

July 7, 2016General

As one of the first 2,500 companies allowed in Apple’s App Developer Program, Rochester’s own DoApp was making apps before apps were cool.

In 2008, DoApp was part of a whirlwind app-developing frenzy – and the start-up ultimately landed three of its products in the Apple Store.

“That put us on the map,” former DoApp CEO Wade Beavers told the Destination Medical Center in an interview. “Companies were calling us to develop apps for them – which we did for a period of time.” But eventually, DoApp had to focus on their own apps in order to build out the solutions they offer today.

Strong start-ups and emerging ecosystems: Q&A with Jamie Sundsbak

July 6, 2016General

If you want to know just how far Rochester’s entrepreneurial community has come in a few short years, ask Jamie Sundsbak.

As a Senior Program Coordinator at the Mayo Clinic and the founder of BioAM, a meet-up group for bio-business startups in southern Minnesota, Sundsbak says Rochester has “come a long way.”

“I know that many people don’t see that, but for those of us in the trenches, it has been a monumental shift,” Sundsbak told Destination Medical Center in a recent interview. “I have worked with fantastic people from all over the city who share a fantastic entrepreneurial vision and who have worked tirelessly to expand our ecosystem.”

GoRout: Diversifying Rochester’s Startup Landscape

February 1, 2016General

This weekend, like millions of others, Rochester entrepreneur Mike Rolih will tune in to watch the Super Bowl, but he will likely be watching through the eyes of an inventor who has found a way to make the game of football better for players and coaches.

Mike Rolih has recognized and embraced the entrepreneurial landscape of Rochester and found the community to be very receptive to medical and non-medical ventures. Rochester is, without question, a community focused on health and wellness, but a diverse business landscape is paramount to a strong and fruitful community. Startup companies like GoRout, represent the entrepreneur spirit in Rochester and the vision of DMC.