Begin by cooking the beet. Place the beet in a three- quart saucepan. Fill the pot with water, until the beet is completely submerged. Cover the pot and simmer for thirty minutes, or until the beet is tender. Rub the beet under running water to remove the skin. Chop the beet into small pieces. Finely mince the beet in the food processor. Remove all but two tablespoons of the beets from the food processor and reserve for another use.
To the beets in the food processor add all the other ingredients and process until the dip is smooth and creamy. Chill until serving.
Serve with vegetables. I used endive, carrots, radishes, sugar snap peas, and cherry tomatoes.