Copy
 
 
 
 
 
 
 

DMC Legislation Passed at State Level


Thank you Minnesota lawmakers!

We are pleased to report that the Minnesota Legislature has reached a budget agreement that gives the City of Rochester flexibility to use its local sales tax to support the Destination Medical Center initiative.

A few messages we'd like to share:

  • We support the city’s requests for more flexibility in the financing tools they can use to meet investment requirements in DMC operations and projects.
  • DMC is a unique public-private partnership in which all parties will be investing with the common goal of receiving significant benefits in return.
  • The City of Rochester is a critically important partner in helping to ensure that the DMC vision becomes a reality.

 
 
 
 

June DMC Corp. Board Meeting Cancelled


Special Notice: June’s regularly scheduled meeting of the Destination Medical Center Corporation Board of Directors has been cancelled. The next meeting will be held on at 9:30 a.m. on Thursday, July 30 at the Mayo Civic Center.

Details, including room location and meeting agendas will be posted on the DMC Corp. website and here, on the DMC Blog, when they become available next month.

 
 
 
 

DMC at World's Largest Biotech Conference


This week in Philadelphia, DMC joined more than 2,800 public and private companies and ventures at Bio, an international convention devoted to exchanging ideas around biotechnology.

A large Minnesota delegation is traveling to the City of Brotherly Love to promote Rochester, southeastern Minnesota and the state as national leaders in attracting and investing in biosciences.

Participating in these types of networking and business development events falls among the responsibilities of DMC and its Economic Development Agency. Collaborators, entrepreneurs, and investors attend Bio every year in search of new business and discovery opportunities, like those proposed through DMC’s Discovery Square concept.

The Discovery Square sub-district is a cornerstone of the DMC economic development strategy and represents the future of biomedical, research and technology innovation.

DMC and others will be Tweeting throughout the event, so be sure to follow @DMCMN and participate in the discussion on #Bio2015. Attendees from Minnesota included:

City of Chaska City of Rochester
DCI, Inc. DEED
Douglas Scientific GeneSegues Therapeutics
LifeScience Alley Mayo Clinic
Mill Creek Life Sciences Minnepura Technologies, Inc.
Miromatrix NACS, Inc.
Rochester Area Economic Development, Inc. Schwegman Lundberg & Woessner
Surpass, Inc. Syntiron
The Actives Factory University of Minnesota
Upsher-Smith Laboratories Wilson Wolf

A 28-page brochure from the State of Minnesota's Office of Business Development in the Department of Employment and Economic Development is available for download. It includes information on several parties in the Minnesota delegation, including the Rochester Area Economic Development Inc (RAEDI) and the DMC Economic Development Agency (EDA).

RAEDI and the EDA are your connection to Rochester, Minnesota and the region. They help investors and developers assess the community and region, make local connections and ensure that questions are answered.

 
 
 
 
 
 
 

RedBall in Rochester


Artist Kurt Perschke’s RedBall Project spent last week traveling through Rochester, offering viewers of the outdoor art a fresh perspective on otherwise familiar sights.

“Through the magnetic, playful, and charismatic nature of the RedBall, the work is able to access the imagination embedded in all of us,” Perschke says. “On the surface, the experience seems to be about the ball itself as an object, but the true power of the project is what it can create for those who experience it. It opens a doorway to imagine, ‘What if?’”

Works of art, like RedBall, represent the type of public projects and cultural programming that DMC and Rochester are working to attract, as we seek to “activate the river” and offer “more shared experiences,” says Jenna Bowman, executive director of the Rochester Downtown Alliance.

“We saw a really great amount of support and interaction with it,” Bowman said. Wherever RedBall went, pedestrian traffic increased about four fold, Bowman said. “Whether you loved it or hated it, this was a great shared experience.”

Perschke chose Rochester for his most recent performance of RedBall because of says Jenna Bowman, executive director of the Rochester Downtown Alliance, which sponsored the project.

The RedBall spent seven days in the city, making afternoon appearances at a different location each day. More images and videos are available on the RedBall website.

 
 
 
 

DMC IN THE NEWS