Project Impact(s):
Business Process, Diversity and Inclusion, Economic Development, Entrepreneurship, Workforce Development
This project is in Plan Phase
- Explore this page to view Beam's assessment of the basic description of the project, its impacts and collaboration atrributes. Also shown are status reports related to the project.
- Please click this Link to get to Beam's view of the project's strategy, expected results, and monitored metrics.
"The program, designed to provide education and business resources to minority business owners, will also educate resource partners of the barriers and opportunities these individuals encounter," according to the release.
The first phase of the program includes a survey of existing minority businesses, available on SMIF's website. This information will inform SMIF and its partners of the immediate and long-term needs of minority-owned businesses.
"We know our region is facing a labor shortage," said SMIF Vice President of Economic Development Pam Bishop. "A key factor in sustaining a strong economy in southern Minnesota is making sure all business owners are getting the necessary support to grow and to encourage aspiring entrepreneurs from diverse, underrepresented backgrounds. We are hopeful that the collaborative nature of The Prosperity Initiative can help us meet these needs."
Pinned Reports on: Prosperity Initiative
(1) About the program and August 2022 recruting (2) 2018-07-011 Minority Business Conference hosted by SBDC, Diversity Council and Prosperity Initiative
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Reports on: Prosperity Initiative
(1) About the program and August 2022 recruting (2) 2018-07-011 Minority Business Conference hosted by SBDC, Diversity Council and Prosperity Initiative
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Other Community News and Reports having impacts on:
Business Process, Diversity and Inclusion, Economic Development, Entrepreneurship, Workforce Development
Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.
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New Mayo Clinic, U of M framework aims to guide future research. The framework defines structural racism as the “totality of ways in which societies foster racial discrimination through mutually reinforcing systems of housing, education, employment, earnings, benefits, credit, media, health care and criminal justice.”
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2Q 2024: June 2024; May 2024 - Admin Message, TBE Report; April 2024 - Admin Message, TBE Report
1Q 2024: Feb 2024 - Admin Message, TBE Report; Jan 2024: Admin Message, TBE Report
Special callouts: Women in Construction; City of Rochester Equity in Development
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June 24, 2024 City Council Study Session: Justice Equity Diversity and Inclusion (JEDI) Audit per Goodenough
Departmental Audit reports of: Human Resources; Rochester Public Library; Parks & Rec
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Volunteer Recruitment Effectiveness: What can advertising teach us?
Volunteer Process Assessment
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SASSA to receive $1M from MN to train workers for high-demand employment.
The funding is awarded under the Minnesota Department of Employment and Economic Development (DEED) Targeted Populations Workforce Competitive Grant Program.
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The City of Rochester welcomes applications for the Community Building Fund. This fund is all about supporting projects, programs, and events in the city that actively promote equity and inclusion.
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Calling for Community Support at Community Meeting: The most recent Olmsted County Maxfield Study found that from 2020-2030, housing demand required 18,000 new housing units. 71% would need to be general-occupancy and 29% age-restricted senior housing.
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Report contains info:
1. Demographics 2. Population by age 3. Diversity 4. Foreign-born population 5. Languages and ancestry 6. Educational trends 7. Household income 8. Poverty status 9. Health factors 10. Housing and living 11. Labor force 12. Unemployment rate 13. Election trends 14. Community safety 15. Environmental factors 16. Highlights 17. References
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Focus Area: Housing; Our Next Generation; Healthcare; Community-Building; Climate
Activities: Rochester Faith in MN & ISAIAH Calendar and Strategic Missions
Reference: CMRC June 24, 2024 Meeting Presentation Video
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May MN Compass Newsletter
Importance of data disaggregation: Minnesota's Asian Population, Minnesota's Black communities
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2024 Recognition
$1K Scholarship: 2024 Rochester H.S. Graduate: Application and Nomination, Sponsorship and Donation support
Facebook photos of 2024 Mr. and Miss Juneteenth
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DMCC Board Updates:
1. May 2024 Status Memo to DMCC Board
2. Feb 2024 DMCC Board Meeting: Video Clip of Discussion at Feb 1 2024 DMCC Board - DMC part of MedTech 3.0; Memo to DMCC
3. Nov. 2023 Video Clip of Discussion at DMCC Board Meeting about MN MedTech 3.0 Description and Webinar
References: US DEA Tech Hub Awardees
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Proceedings
May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting
Feb 2024 DMCC Board Meeting
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