Amplifying stories from the Rochester, MN entrepreneurial ecosystem.
The Otto Bremer Trust Awards Grant to Collider Foundation
Rochester 501(c)3 nonprofit Collider Foundation was recently awarded a grant in the amount of $40,000 by the Otto Bremer Trust. This grant will support Collider’s work to empower Rochester’s early stage entrepreneurs and assist us in building upon lessons learned from our past successes and community feedback to expand our capacity to reduce and remove barriers to entrepreneurship. This work will help “starters,” people who have an idea that they want to move forward with, go from idea to action, operationalize their business plan, feel more connected to and supported by their community, and will help to set them up for long term business success.
Collider Foundation believes that the support, education, and growth of our entrepreneurial ecosystem is a pathway to a more prosperous and inclusive future for the Rochester community. As an organization, Collider Foundation aims to identify and assist local innovators in overcoming barriers to success by empowering an impactful, inclusive, and entrepreneur-first ecosystem.
Collider Foundation supports its mission through events, education, space, and storytelling to help foster an inclusive, diverse, and healthy entrepreneurial ecosystem. This grant award will allow for programmatic and operational support of the foundation’s ongoing activities throughout 2023.
“The entire Collider Board and I are so appreciative of the support of the Otto Bremer Trust. Through this support, Collider will be able to do more to help grow and support Rochester emerging business creators in their dreams of starting their own business,” says Traci Downs, Board Chair of Collider Foundation.
The Otto Bremer Trust is a private charitable trust based in St. Paul, Minn. Created in 1944 by Otto Bremer, it is committed to supporting a better quality of life for residents of Minnesota, Montana, North Dakota, and Wisconsin. Since its founding, OBT has invested nearly $1 billion in people, places, and opportunities in its region. For additional information, visit ottobremer.org.
If you have any questions about Collider or our work within the community, please contact Amanda Leightner at amanda@collider.mn or call (507) 722-0306.
Q&A with Josh Jurrens
Check out this Q & A with one of our coworking members, Josh Jurrens!
Q: What brought you to Rochester and what keeps you here?
A: My wife is a physician at Mayo and while the city is still new to us it has quickly come to feel like home. We have wonderful neighbors, a thriving community, fun restaurants and breweries to try out, and amazing resources all around. We’re very excited to continue exploring the city for many years to come.
Q: What are some of your hobbies and interests?
A: For the last few years we’ve been going on month-long RV trips to various National Parks around the US. This last year we did a loop through Badlands, Wind Cave, Yellowstone, Grand Teton, and Voyageurs. Closer to home we love to explore restaurants, catch a Rochester Grizzlies game, and take our Bernedoodle, Frank, for long walks around our neighborhood.
Q: What do you do for work?
A: I’m the owner of Caliper Marketing (www.calipermarketing.com), a digital marketing agency that specializes in the planning, strategy, and execution of performance-based ad campaigns. We help our clients by crafting holistic campaigns that utilize a mixture of paid search, display, video, social and audio to drive measurable business results.
Q: Why did you choose coworking for your workspace?
A: I’ve had personal office space in the past and I much prefer the flexibility, resources, and collaborative environment of coworking. As someone who has a fully remote team it's always great to have a “work” environment to utilize when I need to get out of the home or when I need more space than my home office can provide.
Collider Launches Second CO.STARTERS Cohort
Local Starters to Participate in 10-Week Business Education Program
Rochester 501(c)3 nonprofit Collider Foundation is excited to announce the launch of their second CO.STARTERS cohort to assist local entrepreneurs on Tuesday, January 31st. This ten week program equips starters of all kinds with the insights, relationships, and tools needed to turn their business ideas into actionable results.
Throughout the course of this program, starters will enter into a local facilitator-led, collaborative process with a small and supportive group of like-minded peers. Working together, they will develop and fine-tune their ideas, critically examining every part and determining next steps through real-time feedback from people in the community. This approach enables entrepreneurs to rapidly uncover flaws in their concepts and find viable models more quickly. Each starter will leave the CO.STARTERS program with a deeper understanding of how to create a sustainable business and repeat the process with their next great idea.
Prior participants of the program have given us the following feedback regarding their experience:
“Collider is a critical resource in the Rochester Entrepreneur Ecosystem. They provide a centralized resource for education and mentoring. Collider (and the Co.Starter program) helped our startup solidify our messaging and prepare for a successful launch,” David Razidlo
“I took the Co-Starters program through Collider. It answered so many questions that I had about entrepreneurship and small business. I learned so much. I made friends with other local entrepreneurs and we are still keeping in touch to encourage and help each other,” Jamie West
CO.STARTERS participants at the Collider Cup, September 2022
CO.STARTERS Core will run every Tuesday night from 5:30-8:30PM at Collider Foundation’s coworking location within the Minnesota Biobusiness Center from January 31st through April 11th. The program will end with a public pitch celebration, called the Collider Cup, on April 18th. This 10-week program costs $150 per participant, which includes the curriculum, facilitation through Rochester-based certified CO.STARTERS Core facilitators, and access to a community of support. 11 individuals are currently enrolled in the program; space is still available for interested entrepreneurial starters.
Collider Foundation believes that the support, education, and growth of our entrepreneurial ecosystem is a pathway to a more prosperous and inclusive future for the Rochester community. We as an organization aim to identify and assist local innovators in overcoming barriers to success by empowering an impactful, inclusive, and entrepreneur-first ecosystem. We are excited to have had the opportunity to fulfill our mission through CO.STARTERS and offer assistance to local entrepreneurs through this cohort.
CO.STARTERS at Collider is supported by Think Mutual Bank, Fredrikson & Byron, Saint Mary’s University of Minnesota, and Launch Minnesota.
For additional information contact Amanda Leightner at amanda@collider.mn or call (507) 722-0306
More in common than you think. What for profit and nonprofits have in common.
When you live in the world of nonprofits, you can begin to think you have little in common with for-profit companies, but truth be told…the two types of organizations have far more in common than most people think.
Photo by Corrie Strommen
Both organizations need startup capital. While our for-profit brethren get it through investors who provide seed funding, our nonprofit leaders find their own angel investors (aka donors) who provide that same needed seed funding. Both organizations need to create a budget, stretch resources to meet mission, and use marketing to convince other groups that they bring unique value to the world around them. In fact, more and more for-profit companies are being founded as social ventures, creating a continuum of mission-driven venture structures and further blurring the lines.
This then begs the question, why does anyone assume nonprofits are not also thriving businesses with a goal of meeting the needs of their customers and providing value in the world? The answer is simple. Nonprofits have felt and acted as if they were different. With a focus on philanthropy and fundraising…and (let’s just go ahead and get it out there) a sometimes subtle distain for making money…. that created a different vocabulary around revenue, there has been a desire to differentiate based on mission.
Can we stipulate that generating revenue is needed in order for the mission to happen? If so, then the difference comes down to who is paying for what. In nonprofits the goal is often for donors and grants to cover the cost of the product or services, while for-profit organizations strive to have a product or service that people are willing to pay for. More nonprofits are beginning to see that the commercial freemium model can be applied to nonprofits. In that case the free service is provided for those who cannot (or should not) pay, while the same service can be offered and paid for by those who can. In the end, it comes down to finding the right customers, breaking them into the correct groups, and knowing what to offer to them.
So, why consider nonprofits differently? Well, because no matter how amazing they are, or how popular their service is, at the end of the day, the profits are not going back to an owner or shareholder. They go right back into the mission. Thus with no profit motivation, they are uniquely positioned to make sure they put the needs of the “customer” before all else. That type of focus can lead to wonderful discoveries and innovations in customer engagement.
With so much in common, perhaps it is time to value our commonalities and celebrate how we can learn from each other. Applying concepts like ideation, design thinking, business modeling, and user experience to our nonprofit business practices can serve our mission and expand our organizational capacity. Conversely, for-profit businesses can apply the principles behind nonprofit mission-driven models and customer focused delivery to improve their on-ground application of values in the workplace. They can use philanthropy models to appeal to for-profit investors, and run lean marketing efforts and rely more heavily on the public to support their message.
At the end of the day, it turns out we all bring assets to the table, and being open to learning from others is what will drive us forward. Entrenching in our old ways of doing business will only end up hurting the mission while those around us learn to leverage the best of both worlds.
Christine Beech
Collider is Hiring!
Collider Foundation is a Rochester, MN based nonprofit that activates, connects, and empowers early stage entrepreneurs. We believe in a community with zero barriers to entrepreneurship for anyone with a strong business idea and the passion to see it grow.
Collider is seeking two individuals who are passionate about the entrepreneurial community of Rochester to fill the roles of Collider’s Community Manager and Director of Navigation.
Community Manager:
Collider Foundation is now hiring a part time Community Manager for our location in downtown Rochester, MN. In this role, you’ll lead our coworking services, managing the day-to-day activities in the coworking space and serving as the main point of contact for our coworking members. This is a great opportunity for someone who is passionate about community and feeds off of interaction with others.
This position is 25 hours a week, Monday through Friday, 5 hours a day during normal business hours.
Job Description:
Operate the day-to-day activities in the coworking space, including giving tours, answering questions about the space, and problem solving any issues that arise during the course of the day.
Onboard and welcome new members to the coworking space.
Maintain monthly invoicing and payments from coworking members.
Co-create community building activities and events with coworking members.
Work with the Executive Director to develop messaging and outreach strategies to recruit and retain coworking members.
Important Attributes:
Strong attention to detail.
A passion for customer service.
Basic experience with Google Workspace tools.
Basic experience with point of sale software.
Prior sales experience (nice to have, but not required)
Pay range for this position is $15-17/hour based on experience and qualifications.
Director of Navigation:
Collider Foundation is now hiring a full time Director of Navigation position for our location in downtown Rochester, MN. In this role, you’ll lead our resource navigation services, a critical part of our organization, and connect Rochester entrepreneurs into community business resources to remove or reduce barriers they are facing. This position is 40 hours a week, primarily during normal business hours.
Job Description:
Meet 1:1 with local entrepreneurs to understand their needs and quickly connect them into community resources.
Keep a finger on the pulse of gaps and opportunities in the Rochester entrepreneurial ecosystem.
Maintain the day-to-day operations of our resource navigation work, including managing contractors and maintaining hourly logs and data entry.
Develop internal and external resources to support these services.
Serve as a liaison between the community and our organization.
Important Attributes:
Strong communication and organizational skills.
Prior management experience.
Basic experience with Google Workspace tools.
Strong active listening skills.
A passion for small business and entrepreneurship.
Prior grant or contract management experience.
Strong data entry and data management skills.
Ability to work independently and as part of a small team.
Prior business experience. (nice to have, but not required)
Bilingual. (nice to have, but not required)
Pay range for this position is $48,000-55,000/year based on experience and qualifications.
Collider is a young nonprofit with a growing team. If you are excited by the opportunity to work alongside entrepreneurs every day and want to make a real impact, this is the right place for you.
Applications will be accepted until the positions are filled. Interested individuals should send their resume and cover letter to hello@collider.mn.
Apply to join the Collider Team in serving
entrepreneurs in Rochester!
Photo by William Forsman.