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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.

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…

Make your entrepreneur dreams come true – space available in the ALBDC

June 8, 2017

ALEDA manages the Albert Lea Business Development Center (ALBDC), a business incubator, one of the few in Minnesota which offer the entrepreneur a quality space, free business services, and professional links. The ALBDC was created in 2002 to enhance the economic development focus and assist in developing local startup business and industry. The business development…

Industrial Parks in Albert Lea

May 23, 2017

Dedication to economic development has deep roots in our community. In the early 1950’s the first community owned industrial park in the United States was built in Albert Lea. This industrial park, located in South Albert Lea, was named Jobs Industrial Park and was built during a pilot economic development project of Jobs, Inc. (now…

ALEDA and Zumbro River Brand partner to build warehouse, create jobs

May 17, 2017

Albert Lea Economic Development Agency (ALEDA) is happy to announce a new project in partnership with Zumbro River Brand (ZRB) in Albert Lea, MN. The construction of a 74,000 square-foot food grade warehouse is soon to begin.  At the completion of the building, which will be built adjacent to the current Zumbro River Brand plant…

National Small Business Week

May 4, 2017

It’s National Small Business Week! Each year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the contributions of America’s small business owners and entrepreneurs. More than half of Americans either own or work for a small business, and they create about two out of…

How is ALEDA funded?

April 3, 2017

Albert Lea Economic Development Agency (ALEDA) is an organization dedicated to the economic development and business climate improvement of our community. There is often confusion in regards to how our organization is funded and where the money for projects comes from.   ALEDA is a self-funded organization that relies on income from rent, loan, and investment…