The long term health of Redwood Falls is very important to me. I didn’t move back here to see the town die,” Madsen says. “I think it’s important to make wise decisions about how we support business and attract new business.” For years, we’ve heard about “brain drain,” the phenomenon where young folks leave rural towns to attend college and pursue better opportunities in cities. But research into Minnesota’s shifting rural demographics now shows a positive reverse trend of “brain gain” — where young adults migrate back to their hometowns with families in tow and expertise to offer.
Redwood Area Development Corporation assisted Knott’s Corner Bar & Grill with a loan that was used to purchase the equipment and furniture that came with the business. RADC builds relationships with businesses like Knott’s Corner, and together, they improve the communities of Redwood County. Being located in Redwood County has many benefits for bar and grills like Knott's Corner.
Building relationships has always been a key component of Minnwest Bank’s business platform. They strive to build long term commitments to customers in order to better support the dreams and goals of the local farm and business community.
The Lower Sioux Indian Community has seen stellar improvements in tribal health in recent years with the addition of a health care center that offers a large scope of medical services. The Lower Sioux, part of the Mdewakanton Band of Dakota, is a federally-recognized tribe located in Redwood County. In seeking to maintain whole health, safety, and happiness for the community while also staying true to traditional values of the Dakota, the idea for the Lower Sioux Health Care Center was born.
Projections indicate that Minnesota may have 400,000 unfilled jobs by 2024 due to a wave of Baby Boomer retirements and a shortage of skilled workers to take their place. While two-thirds of these jobs require post secondary education or training, a four-year college degree isn't always necessary.
Thanks to a generous donation from philanthropist Orrin Estebo, the Redwood Falls Area School District will have the tools to proactively address the imminent workforce skills gap to ensure talent needs are met in areas like manufacturing, construction and healthcare.