Starting a Business

Learn more about understanding and overcoming the challenges of starting and running a successful business in Minnesota and the Rochester area. Find the resources and guidance here to answer your questions so you can flourish in today’s competitive and ever-changing business world.

Entrepreneur Programs & Resources

Find resources here to assist you in the initial planning stages of starting a business.

Recognizing Awarding Valuing Entrepreneurs (R.A.V.E.)

In the spirit of celebrating Entrepreneurship Week each year in November, RAEDI hosts a R.A.V.E. Event to recognize and award innovative entrepreneurs in the Rochester area. This event allows RAEDI and its partners in the entrepreneurial community to shine a spotlight on our entrepreneurs and the growing entrepreneurial ecosystem in the Rochester area.

Mayo Clinic Business Accelerator

Founded by Rochester Area Economic Development, Inc. (RAEDI), City of Rochester, Mayo Clinic Treasury Services and Mayo Clinic Ventures, the Mayo Clinic Business Accelerator provides collaborative space for new companies, venture capital firms, and entrepreneurs.

Financing Programs

Whether through loans, grants or tax incentives, access to sufficient capital is essential when starting and growing your business. Learn more about local and state finance programs available for you.