About RAEDI

RAEDI Year in Reviews

RAEDI - 2015 year in review video

RAEDI - 2014 year in review video

Rochester Area Economic Development, Inc. (RAEDI) assists existing and potential businesses in the Rochester area secure the private and public resources needed to execute their growth plans. Since inception, RAEDI has assisted hundreds of businesses that have generated more than $2 billion of local economy activity, creating thousands of jobs.


RAEDI Services

Financial Packaging

  • Direct Investment Funding
  • Fixed Asset Financing
  • Export Financing

Business Planning

  • Cost Differential Comparisons
  • Market Research & Analysis
  • Community Data/Profiles

Site/Location Support

  • Provide Objective information on Sites, Facilities and Access to Support Services
  • Develop Comparative Site Data

Business/Community Advocacy

  • Identify and Present Business Interests and Concerns to Government
  • Support Area Social, Economic and Infrastructure Development

RAEDI Board of Directors

The RAEDI Board of Directors is a group on member volunteers who financially invest in RAEDI’s mission which is to retain, grow & diversify the Rochester area economy.

RAEDI Executive Committee

  • Chair: Dan Beck - Think Bank
  • Vice Chair: Mary Blair-Hoeft - City of Byron
  • Secretary/Treasurer: Doug Eaton - CenturyLink
  • Immediate Past Chair: Jim Rogers - Mayo Clinic

Board Members

  • Adam Benike - Benike Construction
  • Jim Bier - Olmsted County
  • Christy Blade - Post-Bulletin Company
  • Mary Blair-Hoeft - City of Byron
  • Mayor Ardell Brede - Ex-Officio
  • Melissa Brinkman - Custom Alarm/Custom Communications, Inc.
  • Ken Brown - Olmsted County
  • Mark Browning - Rochester Public Utilities
  • Paul Bucher - Dunlap & Seeger, P.A.
  • Joshua Burgess - Wells Fargo
  • Norm Doty - Express Employment Professionals
  • Dan Estes, Mayo Clinic
  • Elaine Garry - People Energy Cooperative
  • Bruce Gudlin - U.S. Bank
  • Mark Hayford - C.O. Brown Agency
  • Ed Hruska - City of Rochester
  • Mark Kotschevar - Rochester Public Utilities
  • Rory Lenton - Minnesota Energy Resources, Inc.
  • Todd Luedke - IBM
  • Larry McGraw - Home Federal Savings Bank
  • Rob Miller - Rochester Area Chamber of Commerce
  • Melissa Morris - Charter Communications
  • Dave Oeth - RSM US LLP
  • John Reed - Rochester Airport Company
  • Dave Reichert - Rochester Public Utilities
  • Jim Rogers - Mayo Clinic
  • Patrick Seeb - DMC Economic Development Agency
  • Steve Sherwood - Southeast Association of Realtors
  • Randy Staver - City of Rochester
  • Joya Stetson - City of Stewartville
  • Devin Swanberg - City of Pine Island/EDA
  • Mark Utz - Wendland Utz, Ltd
  • John Wade - Clements Chevrolet Cadillac Subaru
  • Joel Young - City of Chatfield

RAEDI Investors

Contact us

Rochester Area Economic Development, Inc. (RAEDI) value proposition is the ability to assist businesses and entrepreneurs in securing the private and/or public resources needed to execute their business plans. RAEDI is pleased to assist you with your request.

Please call 507-288-0208, email info@raedi.com, or fill out the form below.