Entrepreneurial center names new director

excerpted from New York Mills Herald

Beth Pridday has been hired as the new director for M State's Business and Entrepreneurial Services Center, located in Detroit Lakes+. Pridday has 20 years of prefessional experience in marketing, advertising, public relations, fundraising and special events. She is an active member of the Detroit Lakes Chamber of Commerce and the DL Kiwanis Club and is a volunteer with the Humane Society and Lakes Crisis & Resource Center.

Pridday and her husband own several businesses in Detroit Lakes.

MSCTC-DL is looking for "angels" to grow new business

excerpted by Detroit Lakes Tribune, 9-21-08

The Minnesota State Community and Technical College-Detroit Lakes is looking for investors and innovators to help prospective business owners come up with initial funding. This is part of the college's Business & Entrepreneurial Services program launched last fall.

One way to provide funds is through angel investing, where a group of individuals pool their money to fund new companies.

Unlike venture capital, angel investing deals with much smaller amounts of money to help turn an idea into reality.

Local entrepreneur Ed Gehrke said angel investing is unique because most ventures are expected to fail. By pooling their money together into several businesses, investors hope to find a diamond.

On Oct. 3, the college will present the fourth segment of its Entrepreneurship Speakers Series. The speakers are MBA students from UND who will talk specifically about angel investing.

The series starts at 10 a.m. and lunch will follow. There's no charge and no reservation needed, but is requested.

To RSVP or for more information, call Patty Heath Gordon at (218) 846-3804.

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