DEED Roundup – April 30, 2018

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April 30, 2018

DEED in the News

Opportunity Knocking: Zones Could Spur Investment in Duluth
Duluth News Tribune-4/22/18

Duluth sign

Duluth's poorest neighborhoods could look more attractive to outside investment if an initiative tucked inside recently passed federal tax reform plays out as intended.

The new program allows investors to defer taxes on capital gains if they invest those profits in areas identified as Opportunity Zones, the poorest Census tracts in a state as selected by their governors.

DEED hailed the potential of the program to "bridge public-private partnerships."

Jam Hops Owner is Minnesota Small Business Person of the Year
ECM Publishers-4/22/18

Brenda Nolby

Brenda Nolby, owner of Ham Lake-based Jam Hops, was named the 2018 Small Business Person of the Year in Minnesota. Jam Hops offers youth classes and competitive programs for gymnastics and dance, cheerleading and ninja classes, an academic preschool and a theater program.

The Small Business Administration, along with SCORE and DEED's Small Business Development Centers, will honor Nolby and other 2018 winners of the Minnesota Small Business Week Awards at a luncheon in Minneapolis on May 11. 


Recent Press Releases

Pathways to Prosperity Awards $17.9 Million for Training

DEED awarded 57 grants totaling $17.9 million under the Minnesota Pathways to Prosperity program. The grants will fund programs and services designed to provide workforce development and training opportunities to adults in Minnesota with barriers to employment.


Serving Our Customers

Water

One of the latest buzzwords in the ​world ​of ​water ​technology ​is "smart water." What exactly is smart water and how does it relate to Internet of Things technology? The Minnesota Trade Office will ​partner ​with ​Uponor ​to ​answer ​these ​and ​other ​questions ​during a water ​technology ​roundtable ​in Apple Valley on May 10. Go here for more details about the Intelligent Water Technology Roundtable.

Did You Know?

Wind turbine and grass

Minnesota is one of the country's greenest states, according to an analysis by WalletHub. The personal financial website said Minnesota is the sixth most environmentally-friendly state, citing the quality of our water (first), soil (tied for first) and percentage of municipal waste that is recycled (second). Vermont was rated the greenest state and West Virginia the least-green state.