By Joshua Schuetz
Minnesota, January 2024 – The Rural Business Innovation Lab (RBIL) proudly announces the opening of applications for its 2024 cohort, a game-changing opportunity for rural entrepreneurs. Powered by Community and Economic Development Associates (CEDA) and supported by Compeer Financial, RBIL offers an immersive experience for rural visionaries aiming to launch, expand, and flourish. Join our no-cost, 8-month program, designed for those in the natural resource value chain and become a part of our rural innovative business network today!
Fostering Rural Innovation:
RBIL stands at the forefront of entrepreneurial development, cultivating a dynamic peer network enriched with innovative ideas and tailored resources. Addressing the needs of underserved rural entrepreneurs, RBIL’s scope spans Agriculture, Ag tech, Clean energy, Sustainability, Construction, Waste management, Water reclamation, Workforce Development, and Diversity, equity, and inclusion.
Unparalleled Cohort Experience:
RBIL ensures a personalized journey with one-on-one consulting, weekly meetings, and connections to CEDA’s network of industry experts. Entrepreneurs gain access to CEDA’s grant writing department, planning, strategy experts, and a repository of resources molded by diverse entrepreneurial needs.
Building a Community of Success:
RBIL is not just a cohort; it’s a community where peers navigate challenges and celebrate triumphs together. Beyond the program, an alumni network fosters ongoing support, mentorship, and engagement in workshops and events.
Tailored Workshops for 2024:
The 2024 cohort will benefit from diverse workshops on topics including Design Sprints, Leadership, Communication Styles, Financial Management, Human Resources, Diversity, Equity and Inclusion, Go-To-Market Strategies, and Project Management, addressing specific cohort needs.
Breaking Down Barriers:
RBIL is committed to eliminating geographical barriers through a virtual network, mirroring the benefits of physical proximity. Beyond financial support, RBIL shares rural entrepreneurs’ stories, transforming the greater Minnesota area into an innovative hub.
Inclusive Support for All Entrepreneurs:
RBIL supports entrepreneurs from all backgrounds, addressing unique challenges faced by BIPOC, women, veterans, and LGBTQ+ individuals in rural Minnesota. The aim is to provide equal access and promote culturally relevant business practices.
Driving Sustainable Growth:
RBIL positions rural Minnesota and Wisconsin hubs for sustainability and economic prosperity, focusing on natural resource value chain companies. By embracing innovation and climate change mitigation, RBIL aims to create resilient food systems, public infrastructure, and a sustainable future for rural America.
Apply Now:
Entrepreneurs in Minnesota and Wisconsin are invited to shape the future of rural America.
Applications for the 2024 cohort are open [here].
For inquiries, contact:
Robert Harris III, Director of Strategic Initiatives
– Email: robert.harris@cedausa.com
– Phone: 507-606-1524
Cameron Payne, Sustainability and Entrepreneurship Specialist
– Email: cameron.payne@cedausa.com
– Phone: 304-941-6006