RED (Restaurants Eat Direct) Food was started by two St. Olaf students who developed an app to connect rural Minnesota farmers with restaurants. They were the 2015 MN Cup Student Division Runner-Up and recipient of a SMIF Seed Fund investment.

Seed Fund

The Seed Fund supports start-up stage businesses that need capital, business expertise, and networking opportunities. This fund helps companies perform research and analysis, patent opinions and filings, and product testing and analysis. For more information, contact Diane Lewis at 507-455-3215.


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GoRout LLC in Rochester received an equity investment to grow its marketing base and expand product development of its on-field wearable display technology to help football teams perfect practice.

Southern Minnesota Equity Fund

The Southern Minnesota Equity Fund provides financial capital and expertise to early stage and start-up companies. The Fund partners with other organizations and individual investors to leverage capital and expertise to grow innovative companies who will provide economic opportunities for Southern Minnesota. For more information, contact Diane Lewis at 507-455-3215.

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