This page will feature news, information and updates about economic development and livability here in Freeborn County. We will also feature links and resources to help local business grow and expand our local economy.

U.S. Treasury Approves Minnesota Opportunity Zones

June 21, 2018

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…

ALEAP Announces Tiger Cage Entrepreneur Competition

June 20, 2018

ALEAP Announces TIGER CAGE Tiger Cage is an entrepreneurial start-up competition designed to spur entrepreneurial activity in Albert Lea and Freeborn County. Tell Me More HERE’S HOW IT WORKS Tiger Cage is brought to you by ALEAP, sponsored by Albert Lea Economic Development Agency, area businesses, and community members with a strong passion for thriving…

5 Reasons to Attend ALEAP Events

March 23, 2018

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…

Here’s to 2018

February 1, 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…

ALEAP Blog: Water your plants

January 4, 2018

January – the time to change calendars and set new year’s resolutions. Looking back at past resolutions it seems like setting a resolution just hasn’t gotten me the results I wanted. Maybe it’s because just resolving to change something doesn’t mean that it’s going to happen – you must do it. Tired of setting resolutions…

ALEAP embraces new entrepreneurs

November 17, 2017

This month marks the 10th Anniversary of Global Entrepreneurship Week (Nov 13-19). Global Entrepreneurship Week is the world’s largest celebration of innovators and job creators and is observed in 165 countries with 35,000 events. I’d like to take this opportunity to highlight our local network of entrepreneurs and small business owners that is collaborating and…

ALBDC Welcomes New Tenant; building now full

September 29, 2017

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 (ALEAP), and incubator space.   The Albert Lea…

ALEAP on its way to reach goals!

September 21, 2017

The Albert Lea Entrepreneur Advancement Program (ALEAP) was started in 2015 to encourage growth of entrepreneurs and small business owners in Freeborn County. Goals of 5 new businesses and 15 employees in 2 years and 10 new businesses and 40 new employees in 5 years were set in 2015. The 2-year goal was met early,…

ALEDA Board supports community efforts to retain hospital services

July 18, 2017

On Wednesday, July 12th, the Albert Lea Economic Development Agency (ALEDA) held their monthly board meeting. Among the items discussed, was the recent announcement by Mayo Clinic Health Systems Albert Lea and Austin to consolidate services between the two campuses. The board was given updates in regards to community meetings, the possible solutions that are…

ALEAP works with local entrepreneurs

July 11, 2017

Entrepreneurs and small business owners support our economy by offering 47.9 percent of jobs in Minnesota at over 500,000 businesses. Entrepreneurship may be a dream of many, but it’s not always an easy road. Many of our local companies started when someone had an idea and turned that idea into a successful business. Entrepreneurship has…

Learn more about ALEAP's start-up competition designed to spur entrepreneurial activity in Albert Lea and Freeborn County.I Am Interested
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