DEED Roundup – August 7, 2017

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  August 7, 2017

In the News

Living Greens Farm Keeps Growing
Minneapolis Star Tribune-8/6/17
Living Greens Farms of Faribault is expanding from a three-year-old 5,000-square-foot prototype “indoor farm” to 45,000 square feet. The business received important early-stage help from DEED’s Angel Tax Credit Program, raising the maximum $4 million in investments allowed under the program.

Employment Picks Up in Northland
Duluth News Tribune-7/30/17
Unemployment fell to 4.8 percent in St. Louis, Carlton and Douglas counties in June, a full percent lower than the same month a year ago. "All in all it's a pretty good jobs report for the region," said DEED's Erik White.

St. Cloud Upgrading Water Facility
WJON Radio-7/31/17
St. Cloud’s recent plans to upgrade its wastewater treatment facility will help give back to the environment. St. Cloud has been awarded a $6.6 million grant from the Minnesota Public Facilities Authority to go toward paying for $24.3 million in wastewater treatment improvements.

Recent Blog Post

Woman reading to children

Mankato's Center for Rural Policy and Development calls the shortage of child care in Minnesota "a quiet crisis." DEED is working to remedy that with the Greater Minnesota Childcare Grants Program and a free manual on how to start a family child care business called "First Considerations in Starting a Family Child Care Business." Read more at MinnesotaWorks.net.

Recent Press Releases

PFA Awards Funding for Three Projects
The Minnesota Public Facilities Authority approved funding packages totaling nearly $16 million for water infrastructure projects in St. Cloud, Afton and Greenbush.

Serving Our Customers

Kazakhstan on a map

The central Asian country of Kazakhstan is an emerging market that offers tremendous opportunities for U.S. businesses. A Kazakh delegation will visit DEED on Friday morning to discuss trade and investment possibilities in that country, especially in the agricultural, natural resources, and renewable energy sectors. The Minnesota Trade Office has more details. 

Did You Know?

Residential house with sold sign out front

Minnesota has the third-highest homeownership rate in the country. The U.S. Census Bureau says 73.8 percent of homes in Minnesota are occupied by their owners. South Carolina and West Virginia were first and second, respectively.