Faribault Area Chamber of Commerce and Tourism

Name

Faribault Area Chamber of Commerce and Tourism

Legal name

Faribault Area Chamber of Commerce and Tourism

Website

https://faribaultmn.org

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Chamber of Commerce and Business Association Services

NAICS

Arts, Entertainment, and Recreation (71)

SIC

Services-Membership Organizations (8600), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Travel & Services Membership Clubs (Ancillary Services-Led) (CRAEADAK)

akta.pro secondary industry

Food, Drink & Culinary Community Festivals (Community-Led) (MPAGAEAF)

Keywords

• Chamber of commerce
• Business advocacy
• Networking events
• Tourism promotion
• Community development

Headquarters

HQ city

Faribault

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues and Investment: The Chamber operates on a tiered membership model with different investment levels including Believer, Investor, Partner, and Visionary tiers. Each tier includes varying benefits such as Hot Deal posts and Job Postings (Believer - 1/month, Investor - 2/month, Partner - Unlimited, Visionary - Unlimited).
2. Event Revenue: The Chamber generates revenue through event admissions and ticket sales. The Business Awards Luncheon costs $25 per person. Additional events include the Pars & Stripes Golf Tournament, Taste of Faribault, Annual Membership Gala, Winterfest, and various networking events.
3. Member Services: Revenue from member services including Hot Deals advertising, job postings, and promotional opportunities for member businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Faribault Area Chamber of Commerce and Tourism is a membership-based nonprofit organization that provides business advocacy, networking, and community development services to over 400 local businesses in the Faribault and Rice County area. Its core offerings include a tiered membership program, a searchable member directory, job postings, member-to-member Hot Deals, business networking events, an annual business awards program, tourism promotion through the Visit Faribault sub-brand, and signature community events such as Winterfest, Taste of Faribault, and the Pars & Stripes Golf Tournament.

Product overview

The Faribault Area Chamber of Commerce and Tourism is a membership-based organization offering a unified suite of programs and services to support local businesses and promote the Faribault community. The core offerings include a member directory, job postings, hot deals/member-to-member deals, event management, business awards programs, and tourism services. These services are delivered through the GrowthZone/ChamberMaster membership management platform and are interconnected to provide businesses with networking opportunities, community visibility, and access to resources. The organization also runs signature community events including Winterfest, Taste of Faribault, Car Cruise Nights, Pars & Stripes Golf Tournament, Annual Membership Gala, and agricultural programs such as the 3rd Grade Farm Tour and Ag Hall of Fame.

Differentiator

Problem solved

Functional benefit

Brands

• Visit Faribault: Tourism division promoting Faribault as a visitor destination with resources including visitor guides and event calendars at visitfaribault.com.

Products and services

• Chamber Membership Program A tiered membership program for local businesses offering Believer, Investor, Partner, and Visionary levels, each including varying access to Hot Deals posts, Job Postings, directory visibility, and networking events. Designed for local businesses in the Faribault and Rice County area seeking community visibility, referrals, and advocacy.
• Chamber Member Directory A searchable online directory of Chamber member businesses that provides visibility and networking opportunities for local businesses and helps consumers find local Faribault businesses.
• Job Postings An online job board offered to Chamber members, allowing them to post employment opportunities with posting limits determined by their membership tier (Believer: 1/month, Investor: 2/month, Partner and Visionary: unlimited).
• Hot Deals (Member-to-Member Deals) A discount and deal platform where Chamber members can post special offers to other Chamber members, with posting frequency determined by membership tier.
• Business Events and Networking Networking events including Business Before Hours and Chamber Mixers that allow members to host and showcase their businesses to the local business community.
• Business Awards Program An annual awards program recognizing local businesses across categories including Business of the Year, Legacy Award (20+ years), Customer Service Award, Excellence in Education, and the Rice County Agricultural Hall of Fame. The annual Business Awards Luncheon is held at venues such as The Faribault Golf & Country Club.
• Visit Faribault Tourism Promotion Tourism promotion services and visitor information managed through the Visit Faribault platform (visitfaribault.com), including the Faribault Tourism Guide, event calendars, and promotion of local attractions, dining, and lodging.
• Agricultural Programs Agricultural initiatives including the 3rd Grade Farm Tour Program, Rice County Agricultural Hall of Fame, and Farm Business Lunch, designed to support agricultural education and recognize the local agribusiness community.
• Signature Community Events Signature community events including Winterfest, Taste of Faribault, Faribault Car Cruise Nights, the Pars & Stripes Golf Tournament, and the Annual Membership Gala, which support tourism, networking, and community engagement.
• Business Resources and Referrals Business support services including Minnesota Paid Leave information, Small Business Development Center referrals, Economic Development resources, and relocation services, provided to local Faribault businesses and prospective residents.

Quantifiable outcome

• Over 400 member businesses representing nearly 12,000 employees served
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Visit Faribault TourismcoreGTM or Marketing PartnerThe Chamber operates Visit Faribault Tourism (visitfaribault.com) as a tourism promotion initiative, directing visitors to the Faribault area through event calendars, visitor guides, and local attraction promotion. This is an integrated tourism marketing function of the Chamber organization.
• Faribault Public SchoolscoreStrategic or Co-development PartnerThe Chamber collaborates with Faribault Public Schools on workforce development initiatives including student business mixers, career pathways programs, and the Enrollment Task Force. The Chamber also has staff serving on the Faribault Public School Board.
• South Central CollegecoreStrategic or Co-development PartnerSouth Central College collaborates with the Chamber to assist businesses in finding, retaining, and investing in the area's workforce. Chamber staff serves on the Chamber Board with representation from South Central College.
• Faribault FoundationcoreStrategic or Co-development PartnerThe Chamber shares staff (Administrative Support Professional) with the Faribault Foundation, creating an integrated approach to community development and economic growth.
• Faribault Economic Development AuthoritycoreStrategic or Co-development PartnerPartnership between the Chamber and Faribault Economic Development Authority for the Downtown Micro Grant Program, supporting new business ideas and significant enhancements to existing businesses in Historic Downtown Faribault.
• Rice CountyminorStrategic or Co-development PartnerThe Chamber maintains a connection to Rice County government, with links to the Rice County website and occasional candidate interviews and political engagement on community issues.
• American Express / Main Street AmericaminorGTM or Marketing PartnerPartnership with American Express Shop Small Grants Program administered through Main Street America, offering over $10 million in grant opportunities for local small businesses.
• Faribault Main StreetcoreStrategic or Co-development PartnerFaribault Main Street partnership for Historic Downtown initiatives including the Downtown Micro Grant program and Upstairs Downtown program to revitalize the downtown district.
• Faribault Vision Task ForcecoreStrategic or Co-development PartnerThe Chamber participates in the Vision Task Force addressing community priorities including childcare shortage, workforce development, and other quality of life issues affecting local businesses and families.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Winona Area Chamber of Commerce: Chamber of Commerce in Winona, Minnesota, comparable in size and program offering to Faribault, with emphasis on local business advocacy and community events.
• Northfield Area Chamber of Commerce: Chamber of Commerce serving Northfield, another small Minnesota city comparable in size to Faribault. Operates similar membership, networking, and tourism functions for a comparable local business base.
• Mankato Area Chamber & Visitors Bureau: Combined Chamber and Convention & Visitors Bureau for the Mankato area, larger than Faribault but operating the same integrated chamber/tourism model that distinguishes the Faribault Area Chamber.
• Austin Area Chamber of Commerce: Chamber of Commerce in Austin, Minnesota, another small southern-Minnesota city with a similar membership-based business advocacy and tourism promotion model.
• Owatonna Area Chamber of Commerce: Chamber of Commerce for Owatonna, a small Minnesota city in the same south-central region as Faribault. Provides nearly identical membership, advocacy, and event services to a comparable business community.
• Albert Lea-Freeborn County Chamber of Commerce: Regional Chamber of Commerce serving Albert Lea and Freeborn County in southern Minnesota. Closely comparable in scale, mission, and program mix to the Faribault Area Chamber.
• Red Wing Area Chamber of Commerce: Chamber of Commerce serving Red Wing, Minnesota, a small city with a similar mix of member businesses, tourism (driven by local heritage), and event programming.

Broad incumbents

• Experience Minnesota (Explore Minnesota): State-level tourism promotion organization. Comparable to the Visit Faribault tourism arm of the Chamber but operating at a statewide scale with broader marketing and visitor-development mandate.
• Rochester Area Chamber of Commerce: Larger Chamber of Commerce serving Rochester, Minnesota, anchored by the Mayo Clinic economy. Operates the same membership and advocacy model but at a substantially larger scale and broader scope.
• Minnesota Chamber of Commerce: Statewide Chamber of Commerce providing advocacy, networking, and resources to Minnesota businesses. Functions as a broader industry umbrella comparable in mission to local chambers like Faribault.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/faribault-area-chamber-of-commerce-and-tourism

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faribault Area Chamber of Commerce and Tourism