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
Read more ...
Other Community News and Reports having impacts on:
Business Process, Diversity and Inclusion, Economic Development, Entrepreneurship, Workforce Development
Apr 2025 Updates
The Early Childhood Resource Hub, a collaboration between C2C and IMAA, aims to connect Olmsted County families with young children to various resources and services.
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 Apr 28, 2025 City Council Study Session Materials
Press Release: The City of Rochester is beginning its 2026-2027 budget process and invites residents to learn more about the factors shaping the City’s financial outlook.
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 2025-04-23: Grant Application Status
The Coalition of Asian American Leaders (CAAL) is thrilled to announce the launch of CAAL Ignite, a new grant program offering $10,000–$15,000 to individuals, nonprofits, and small businesses in Minnesota’s Asian American community.
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Mayo Clinic re-names its diversity and inclusion office as ‘Office of Belonging’
Breathing Study: Enhancing Brain and Mental Health through Breathing Practice
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Apr 2025 Mayor's YouTube Rochester Voices Channel
Mar 2025: City of Rochester Mayor Kim Norton to attend the National League of Cities (NLC) 2025 Congressional City Conference in Washington, D.C. from March 8-12, 2025.
City of Rochester Mayor Kim Norton to attend the U.S. Conference of Mayors (USCM) 93rd Winter Meeting in Washington, D.C.
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 Mobilizing Olmsted Voices for Equity (M.O.V.E.) team attending IAP2 Midwest Spring Conference
"Building relationships of trust with community members"
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 Press Release
Results Report with links to raw data and Copilot AI analyses
City Council Study Session
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 (1) Third Phase Grant Ann; (2) Second Phase Grant; (3) DMC Announces First Recipients of Main Street Grant Funding 30 Businesses ($1.6M) ; (4) Launching of Main Street Grant
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Annual Report to DEED Prep
PB Reporting
" Overall private investment related to the Destination Medical Center initiative bounced back in 2024, but non-Mayo Clinic development continued to decline in the DMC district for the sixth year."
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 SBDC Apr 2025 Business Workshops
SBDC Day and workshop opportunities: "If you have an upcoming business event or celebration, please let us know! We would love to stop by for a RIBBON CUTIING for any of your business." milestones:
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The MBA is an 8-week business and professional development program designed to equip minority entrepreneurs/individuals with the skills, resources, and connections they need to grow and succeed (offering business and professional development education).
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Mar 2025 Newsletter: End birthright citizenship?
Apr 2024 Braver Angels Newsletter: 2024 National Convention; National Debate: Should we be colorblind?
Listen to (and learn from) the other side
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1. 2025 Sister City Trips: Japan, Germany
2. Rochester Sister City Application (Roles and Responsibilities)
3. Sister Cities Relationship Logs
4. IRC Meeting Logs
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 Saint Paul, MN – Minnesota is one of seven states selected to join The Next Phase of Dual Enrollment Policy Cohort, a new initiative from the College in High School Alliance (CHSA) that seeks to advance dual enrollment policies across the nation. The cohort also includes New Mexico, Ohio, Oregon, Tennessee, Virginia, and Washington.
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