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 to Host R.A.V.E. Event at new RAEDI Economic Development Center
Grand Opening of the RAEDI Economic Development Center (EDC)
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.
Live, Work, and Invest
Discover more about Rochester and the surrounding area.
Business Funding
Business Resources
Explore Investors & Partnerships
RAEDI works with many investors and partners in Rochester, Minnesota and surrounding communities.
Leader Investor $50,000+ Innovator Investor $20,000+ Core Investor $10,000+ Business Investor $5,000+ Sustaining Investor $3,000+ Contributing Investor $1,000+