September 2017
Brainerd
Dispatch-9/4/17
In some ways, small businesses have it better than larger corporations when
it comes to dealing with the worker shortage.
"They need fewer people, they can be a little bit more flexible about how
they pay their people, benefits, those types of things," says Greg Bergman, above,
of the Small Business Development Center in Brainerd.
But small businesses also face some disadvantages, he says.
DEED is among the sponsors of this year's Twin Cities Startup Week, scheduled for Oct. 8-13. On Tuesday of that week, DEED will have an open house for people who want to learn about the programs and services that the agency offers to small businesses and entrepreneurs. Registration is requested, but not required. DEED also will participate in the Entrepreneur Expo at the Minneapolis Central Library on Thursday of that week. Check out the full list of activities planned for this year's Twin Cities Startup Week.
|
Communications technology company Pace International Inc. will invest $1.95 million and hire an additional 22 workers in an expansion of its facilities in Rochester. The company said it plans to add 9,000 square feet of offices and 9,000 square feet of warehouse space, bringing its total facility footprint in Rochester to 66,000 square feet.
 Since 2010, Minnesota companies like Living Greens Farm in Faribault and 75F in Burnsville have attracted more than $400 million in private investments through the Minnesota Angel Tax Credit Program.
While available tax credits are nearly depleted for 2017, there’s still time for investors and targeted new businesses to participate. Read more at MinnesotaWorks.net.
|
DID YOU KNOW?
The Twin Cities ranked ninth on Innovation Leader magazine's list of top North American cities for corporate innovation and R&D activity. The magazine cited Maplewood-based 3M Co., Golden Valley-based General Mills Inc., the area's strong retail and health care sectors, and the Minnesota Cup startup competition. San Francisco was No. 1 on the list.
|
