RAEDI engaged its public and private sector partners in a strategic planning process focused on understanding area economic development challenges and opportunities and organizing effectively to achieve community goals. Peer communities were examined to provide insights into how the Rochester area might organize to meet current and emerging economic, community and workforce development challenges in an efficient, integrated manner.
A steering committee consisting of RAEDI’s executive committee, Olmsted County, and the City of Rochester was actively engaged in shaping the planning process. It included an analysis of the economy, surveys, interviews, and focus groups with public, private, and non-profit stakeholders. The research and planning process was led by Janna King, CEcD, EDFP with Economic Development Services, Inc. Read the plan HERE.
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.