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Entrepreneurship

The key to business growth in communities is to energize entrepreneurs who are working from their home, basement, garage with their ideas. The first step on the road to an entrepreneurship development strategy is to convince yourself and your constituents that investing in NEW choices will bring about desired results. There is a substantial research that can be used to support such an argument. Consider this:

  • 55% of job creation comes from existing businesses growing
  • 45% from new business startups and that only 1% of job creation comes from business relocation!

There are four factors central to America's economic future:

  • Innovation
  • Entrepreneurship
  • Education
  • Energy

Economic development is a choice; it is willed from within an economy. Economic development occurs when local leaders choose to identify, invest in, and develop their own set of comparative advantages to enable workers, firms, farms, and industries to better compete in regional, national, and international markets.

The RADC works closely with CORE (Center for Regional Entrepreneurship) which focuses primarily on the development of entrepreneurs in our communities.

Fast Fact Image

"Just wanted to say thank you for a great tour of Redwood Falls....it is so wonderful to see a community with such beauty and awareness of its potential by the way Redwood Falls promotes itself and the surrounding area. We thoroughly enjoyed seeing the growth and remarkable natural setting that the area provides....what a pleasant and unexpected surprise!!! Thank you again for taking the time to show us your beautiful city and all it has to offer....anyone would be pleased to visit and locate there!"

Jackie Buysse

Virtual Tour

CLICK HERE FOR A Redwood County Virtual Tour