DEED in the News
 Rebiotix, a biotech startup based in Roseville, was acquired by Ferring Pharmaceuticals in a deal that closed last week. The startup is in a race to develop the first approved microbial therapy derived from human waste to treat serious infections from the bacterium Clostridium difficile. No local changes are planned. Founded in 2011, Rebiotix has 45 employees and has raised $30 million so far from investors who took advantage of DEED's Angel Tax Credit Program.
|
 A new assistant commissioner at DEED hopes to continue forging a culture of awareness and investment in diversity at the agency. Kolu Wilson, who joined DEED in 2016 as director of the Office of Economic Equity and Opportunity, has been promoted to assistant commissioner for the office, replacing Karen Francois, who is taking a job with Ramsey County. “What I hope we can continue is to be a consistent agent of change,” she said.
|
Bill Coleman says the presence or absence of dependable, speedy broadband service is now the key to rural Minnesota's success or failure. "Even the smallest manufacturer now requires a fiber connection before they'll move to a location," said Coleman, owner of Community Technology Advisors, during a recent meeting of local leaders in North Mankato. Coleman said DEED, Region Nine, the federal government and the Blandin Foundation are leading providers of broadband expertise or financial assistance.
Home fragrance and personal care products company Illume Holding Co. said it will invest nearly $10.6 million in Maple Grove. Illume will move to a new 288,000-square-foot leased facility in the Arbor Lakes Business Park. Along with the move, the company plans to add 85 jobs within two years paying wages averaging $22.21 an hour.
Recent Blog Posts
 Career fair season has arrived, and now is a good time to think about how these events can help you land a job. Career fairs offer a great opportunity to connect with employers. Those connections could lead to a job interview and expand your network. Don’t underestimate the power of networking: Eighty-five percent of jobs are filled through networking, according to one study. Read more at MinnesotaWorks.net.
|
|
