Learn more about the many programs and initiatives RAEDI is working on and why your investment in this organization is helping to grow our area economy.
Retain. Grow. Diversify.
Emerging Entrepreneur Loan Program
The Minnesota Emerging Entrepreneur Loan Program provides loan capital for businesses that are owned and operated by BIPOC (Black, Indigenous, Persons of Color), low-income persons, women, veterans, and/or persons with disabilities. The program has additional goals of providing jobs for BIPOC and/or low-income persons, creating and strengthening BIPOC business enterprises, and promoting economic development in low-income areas.
Latest News
RAEDI Board votes to support renewal of the City of Rochester’s half-cent sales tax
Commercial Real Estate Survey 2022
About
RAEDI
Rochester Area Economic Development, Inc. (RAEDI)
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.