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Business Plan Recognition Program – The Thirsty Fox

The Albert Lea Business Development Center (ALBDC) advisory board has selected The Thirsty Fox to receive a loan award from the Business Plan Recognition Program.  The Business Plan Recognition Program, created by the ALBDC, local lending institutions, the Albert Lea – Freeborn County Chamber of Commerce, Mayo Clinic Health Systems, and the City of Albert…

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ALBDC Business Incubator welcomes new tenant

ALBDC Welcomes new tenant: Southern Minnesota Battery, LLC. The Albert Lea Business Development Center (ALBDC), housed under the ALEDA umbrella, serves as a place for entrepreneurs and small business owners of Freeborn County to gain access to the resources they need; such as SCORE mentoring, financing, entrepreneur programming through the Albert Lea Entrepreneur Advancement Program…

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U.S. Treasury Approves Minnesota Opportunity Zones

128 census tracts in Minnesota to receive the designation ST. PAUL – The U.S. Department of Treasury today approved 128 low-income census tracts in Minnesota to be designated as Opportunity Zones. All of the approved census tracts were recommended to Treasury by Gov. Mark Dayton in April following recommendations from cities, counties and tribal nations. Opportunity Zones are a…

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5 Reasons to Attend ALEAP Events

Have you heard about ALEAP? ALEAP was started to encourage the growth of entrepreneurship and small businesses in Albert Lea and Freeborn County. Here’s 5 reasons why you should attend an ALEAP Event. You want to start a business. If you have been considering starting your own business and you’re ready to make a leap…

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Here’s to 2018

While 2017 may have seen its fair share of challenges there are still successes to celebrate as well as projects to look forward to in 2018. As stated by President Heinemann at the Greater Jobs Annual meeting in January, economic development doesn’t happen in a straight line. Sometimes it zigs, sometimes it zags, but no…

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