Southeast Minnesota Capital Fund (SMCF) is a member-driven angel investment group focused on backing Minnesota entrepreneurs and dedicated to fostering innovation and economic growth in Rochester and the Greater Southeast Minnesota region...
SMCF traces its origins to a 2014 regional economic development plan sponsored by Rochester Area Economic Development Inc, (RAEDI) called "Journey to Growth" that recognized the need to create a local source of equity capital to support innovative businesses forming in Southeast Minnesota...
We favor companies with innovative technologies and/or product ideas. We are industry agnostic, but invest mostly in the med tech and life science sectors.