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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.

Strategic Plan Interim Report and Feedback

November 7, 2019

Use the link below to access the interim report and summary for the Economic Development Strategic Plan. A community event will be held on Tuesday, November 12th from 6-8 pm at Wedgewood Cove. Please join us in a discussion about the interim report findings and the target industry recommendations from Ady Advantage. Please consider completing…

ALEDA and Chamber to Share New Office Location Downtown

October 9, 2019

The offices of Albert Lea Economic Development Agency and the Albert Lea – Freeborn County Chamber of Commerce will now be located together in the heart of Albert Lea. The new location for both organizations will be 132 North Broadway in downtown. Over a year of planning and consideration between the organizations has led to…

A New Plan for Albert Lea and Freeborn County

September 20, 2019

We are excited to announce that we will be developing a joint economic development strategic plan with our partners; the plan will bring together a broad group of stakeholders to create a five-year economic development strategic plan.

Business Plan Recognition Program – The Outlet

August 27, 2019

The Albert Lea Business Development Center (ALBDC) advisory board has selected The Outlet 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 Lea…

Business Plan Recognition Program – The Thirsty Fox

July 18, 2019

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…

ALBDC Business Incubator welcomes new tenant

April 2, 2019

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…

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…

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…