DEED in the News

Worker shortage sparks Minnesota businesses to think outside of the box

StarTribune - 9/28/19

All across Minnesota, employers are taking steps to address a deepening statewide worker shortage. Job vacancies are near record highs, and the number of unfilled positions now exceeds the number of people looking for work, forcing employers to think outside the box to attract employees.

MSU Mankato recieves grant for Small Business Development Center KEYC - 9/30/19 The center at MSU was awarded $274,000 in business development grants from DEED. The funds will help MSU’s Small Business Development Center continue its mission of providing programs and services to small businesses and entrepreneurs in the Mankato area.

Woman-Owned Businesses Are Growing 2X Faster On Average Than All Businesses Nationwide YahooFinanace- 9/23/19 Women-owned businesses continue to fuel the economy and now represent 42% of all businesses. Minnesota was second in a ranking by state  of women owned firms and their employment vitality.

Updates From DEED

DEED Awards $2.7 Million in Business Development Grants

DEED today awarded two-year grants totaling $2.7 million to 13 nonprofit groups that provide services and technical assistance to emerging businesses and entrepreneurs in Minnesota.

Re-imagining Our Equity Efforts at DEED; Announcing New Director of Economic Opportunity

DEED is re-imagining its take on equity. Governor Tim Walz met with DEED to talk about future equity efforts in the state.