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Rochester-Area Economic Development Inc (RAEDI)

 

Organization Information


Organization: Rochester-Area Economic Development Inc (RAEDI)

Sector: 501C-3 Non-Profit

Organization Mission: RAEDI's primary goal is to attract, retain and assist the growth/expansion of base business within the Rochester Area. RAEDI's value proposition is the ability to assist businesses and entrepreneurs in securing the private and/or public resources needed to execute their business plans.

Website

RAEDI Services

RAEDI's primary goal is to attract, retain and assist the growth/expansion of base business within the Rochester Area.

RAEDI's value proposition is the ability to assist businesses and entrepreneurs in securing the private and/or public resources needed to execute their business plans.

Our Services Include:

Toolkit for Small Businesses

SEMToolkit is a free program that enables entrepreneurs and small businesses to learn how to implement the sustainable business management practices needed for growth in areas such as finance, accounting, international business, marketing, human resources or legal. Click hereto learn more.

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

 

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Economic Development, Entrepreneurship, STEM, Workforce Development, Vision/Identity

Key reports on: Rochester-Area Economic Development Inc (RAEDI)



1. 2Q 2023  Economic Report ;  2. Tawonda Burks has joined the RAEDI staff full-time as Director of Operations. In addition to managing the RAEDI Economic Development Center; 3, SBDC 1H 2023 performance report

Read more ...


(1) RAEDI partners with Olmsted County to solicit Statements of Interest (SOI) for former Seneca property; (2) Olmsted County signs agreement with RAEDI to solicit development proposals for former Seneca property

Read more ...



Community Anchor Participation:

 

 

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Projects & News
Anchor Projects

Anchor projects provide the backdrop of our community's major initiatives and have overarching impacts to the community:

Latest Pin Reports

Noteworthy community status reports:




Search more Pin Beam Reports

Site Information
About Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
Links to Beam sub-sites 
Sample of Beam sub-sites: