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
 A Collaborative Community Effort Led by: Olmsted County Public Health Services, Olmsted Medical Center, and Mayo Clinic
The Community Health Assessment and Planning (CHAP) Process is about improving the health and well-being of residents in Olmsted County. Every three years the community conducts a health needs assessment to determine Olmsted County’s health priorities; formulate a plan to address the needs; and publish an annual progress report. Olmsted County Public Health Services, Mayo Clinic, and Olmsted Medical Center engage with diverse partners across our community to lead this process.
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W.K. Kellogg Foundation Publication: Truth, Racial Healing & Transformation Guidebook: "Truth, Racial Healing & Transformation (TRHT) is a proven method for activating our collective dreams for our children. It enables communities to look at the root cause of the issues children and families face, namely racism; to begin healing from trauma and the embedded belief system that upholds racism; and to envision and build a more equitable future."
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 One Olmsted – Olmsted County’s diversity, equity, and inclusion (DEI) initiative – is about envisioning and developing a workplace and community where everyone is treated equitably. Olmsted County staff continue to make progress toward this vision and some highlights of their work in 2024 are noted below.
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Collection of Information regarding legal services for those who live or work in Southern Minnesota.
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 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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Per PB reporting:
"A final plan for dividing a 14.1-acre Mayo Clinic parking lot into developable sections is expected to be reviewed Monday by the Rochester City Council. The site, being dubbed “West Transit Village,” sits between Second Street Southwest and Cascade Lake. It is currently used as a Mayo Clinic employee shuttle lot, and Mayo Clinic plans to construct a 2,500-stall parking structure."
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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.
PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14
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 John Marshall High School eleventh grade Economics students will take center stage at the Chateau Theatre for the Downtown Business Pitch Day!
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Press Release: Olmsted County residents encouraged to apply for Restorative Practices Advisory Committee (RPAC)
This new RPAC will bring together residents, justice system representatives, and community organizations to promote and sustain restorative practices throughout Olmsted County.
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 RPS Superintendent Video and Presentation Slides
Referendum to support: Strong Communities; Strong Schools; Strong Young People
PB Reporting on Referendum Efforts and Results
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Love Wins: Community Empowerment Initiative
Free Workshop and Community Townhalls Press Release
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 Proceedings
September 2024 DMCC Board Meeting with 2025 Workplan Breakout
May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting
Feb 2024 DMCC Board Meeting
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November 2024 Selma Film and Discussions
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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