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Contractors: Build a Better Minnesota at Second Minnesota Construction Industry Conference

Posted on February 05, 2016 at 8:30 AM
Tags: economy, jobs, networking

Construction is big business – with a big payroll – in Minnesota.


Thirteen Greater Minnesota Startups Benefit from Angel Tax Credit in 2015

Posted on January 29, 2016 at 3:00 PM
Tags: angel tax credit, small businesses

Thirteen Greater Minnesota businesses were among 114 certified businesses that received investments in the 2015 Minnesota Angel Tax Credit Program.

The program distributed all the available $16 million in tax credits available to angel investors and angel funds by mid-November.


Thirteen Minority-Owned Businesses Raised Up by Angel Tax Credits in 2015

Posted on December 22, 2015 at 12:00 PM
Tags: angel tax credit, small businesses

Thirteen minority-owned business were among 115 certified businesses that received investments In the 2015 Minnesota Angel Tax Credit Program.

The Minnesota Angel Tax Credit Program has fully distributed all $16 million in tax credits that were available to angel fund investors this year.


Once a Dream, New Broadband Ready to Help Battle Emergencies in Fairview Township

Posted on December 17, 2015 at 11:00 AM
Tags: Northwest MN, economy

Fairview Township, located in Cass County, is better equipped to face down an emergency now that broadband service is available.

In July 2015, a supercell thunderstorm storm tore through the Brainerd Lakes area, causing millions of dollars of damage throughout the township and surrounding area.


Holiday Hiring in Minnesota

Posted on December 08, 2015 at 10:27 AM

Man working in store

Christmas season hiring is a fairly small blip when it comes to total employment in Minnesota, but it does affect a handful of industries and keeps unemployment lower than it might otherwise be at the start of winter.

Holiday hiring typically is strongest in two industries in Minnesota: the retail trade sector and transportation and warehousing.


New Magazine Spotlights Minnesota’s Many Advantages

Posted on December 04, 2015 at 8:36 AM
Tags: top state

It may be cold outside, but Minnesota is a hot spot for business. You can see the proof in this new magazine.


Minnesota’s Angel Tax Credit Program Targets Women, Minorities and Greater Minnesota Businesses in 2016

Posted on November 06, 2015 at 12:00 PM
Tags: angel tax credit, small businesses

Open for business: The Minnesota Angel Tax Credit Program is now accepting certification applications online for 2016.


America’s Top State for Business – Cost of Doing Business

Posted on September 24, 2015 at 9:49 AM
Tags: top state

When choosing where to do business, cost is a major consideration. Calculating it requires weighing many factors – from tax rates and utilities to labor costs and other expenses.

CNBC named Minnesota America’s Top State for Business, but expressed some surprise that Minnesota made it to the top of their rankings despite a reputation for being “a high-tax, high-wage, union-friendly state.”


America’s Top State for Business – Access to Capital

Posted on September 17, 2015 at 3:24 PM
Tags: angel tax credit, top state, small businesses

Minnesota is gaining a reputation as a place where entrepreneurs can get the startup funding they need. For instance, a recent CNET article called Minnesota a “Silicon Prairie” where tech startups can have an easier time getting funding than in Silicon Valley.


America’s Top State for Business – Technology and Innovation

Posted on September 01, 2015 at 11:30 AM
Tags: top state, angel tax credit

When CNBC named Minnesota America’s Top State for Business 2015, it mentioned three well-known inventions that were born here: Spam, Scotch Tape and the supercomputer. Over the years since these were invented, Minnesota’s culture of innovation has produced a steady stream of trailblazing patents, products and breakthroughs.


$3.7M Angel Tax Credits for Women-owned Businesses Still Available

Posted on August 25, 2015 at 8:30 AM
Tags: angel tax credit, small businesses

DEED’s Angel Tax Credit Program offers a financial boost to businesses owned by women, but that funding will end Oct. 1.

There is a remaining $3.7 million in Angel Tax credits (as of Aug. 24) for businesses owned by women or minorities, or based in Greater Minnesota. After Oct. 1, any remaining tax credits not allocated to these designated groups will be made available to others.


America’s Top State for Business – Cost of Living

Posted on August 18, 2015 at 1:57 PM

A competitive cost of living can be a key advantage for states that want to attract workers and keep them. If the cost of living is reasonable, workers will be able to afford housing, food, health care and transportation. Their wages will go further and they will enjoy a higher standard of living.


Mexico's Innovation and High Tech Make Big Impression on Trade Delegation

Posted on August 17, 2015 at 10:00 AM
Tags: small businesses, trade mission, exports

Gov. Mark Dayton and an official delegation are back in Minnesota after a week-long trade mission to Mexico. And they’ve come home very impressed with the sophisticated technology and business operations they saw.


Minnesota and Mexico: A Partnership Rooted in Agriculture

Posted on August 14, 2015 at 10:30 AM
Tags: exports, trade mission, small businesses

Manufactured goods make up the lion’s share of Minnesota’s exports, but the world has a healthy appetite for the bounty of Minnesota’s farms. We’re the nation’s 3rd-largest agricultural exporter, selling $8 billion in foreign markets in 2013.


Across Borders: Empowering Women in Agriculture

Posted on August 13, 2015 at 10:30 AM
Tags: exports, trade mission, small businesses

Women play key roles in agriculture in Minnesota and Mexico. And they also face unique obstacles.

That’s why Minnesota and Mexico are signing a memorandum of understanding (MOU) this week focusing on the ways women in agriculture can work together to help educate and support each other. The Women in Agriculture and Business MOU is one of five collaborations being signed during Gov. Mark Dayton’s trade mission to Mexico this week.


A Brief History of Minnesota Trade Missions

Posted on August 12, 2015 at 9:45 AM
Tags: exports, trade mission, small businesses

Gov. Mark Dayton spent the day Tuesday meeting with officials from Mexico's ministries of foreign affairs, agriculture, public education, as well as its trade and foreign investment arm.

While leading his fourth international trade mission, the governor promoted the state's exports, encouraged Mexican companies to startup and expand in Minnesota (or move existing U.S. operations here), inked cooperative agreements on agriculture and education, toured the facilities of a Minnesota-based company operating in Mexico, and met with executives of major U.S. companies operating in Mexico.

And that's just the beginning.


Why We Go on Trade Missions

Posted on August 11, 2015 at 10:00 AM
Tags: exports, small businesses, trade mission

When a Minnesota delegation heads off to a foreign market on a governor’s trade mission, the participants can have very different motivations for going on the trip and very different things they hope to accomplish in the target market.

So, who goes – and why?


Four Billion Reasons to Visit Mexico

Posted on August 10, 2015 at 3:16 PM
Tags: exports, small businesses, trade mission

This week, Gov. Mark Dayton is leading a 36-delegate trade mission to Mexico. The delegation – which includes representatives from business, agriculture and education – will travel with the governor to Mexico City and Guadalajara.


America's Top State for Business - Workforce

Posted on August 05, 2015 at 10:45 AM

Workforce was the most heavily weighted category in CNBC’s “America’s Top States for Business” 2015 ranking. That’s good for Minnesota, since it highlights one of our strongest assets – our people.


America’s Top State for Business – Business Friendliness

Posted on July 29, 2015 at 2:55 PM

Minnesota punches above its weight when it comes to major corporations, with 17 Fortune 500 companies headquartered in the state, including powerhouses like 3M, General Mills, Target and U.S. Bancorp. The success of those homegrown businesses says a lot about the business climate of the state. Minnesota has business-friendly policies and programs that make it possible for companies to not only survive but thrive here.


America's Top State For Business - Quality of Life

Posted on July 22, 2015 at 2:53 PM

Outstanding quality of life is a key reason CNBC named Minnesota as “America’s Top State for Business 2015” in June.


America’s Top State for Business – Infrastructure

Posted on July 09, 2015 at 9:07 AM

Structural assets that help move people and goods – roads, bridges, airports, shipping facilities and mass transportation – contribute greatly to the success of any state. They’re all grouped under that not-so-cuddly topic called infrastructure.


America’s Top State for Business – Economy

Posted on July 08, 2015 at 3:48 PM

Minnesota has been booming since the end of the recession, adding nearly 200,000 jobs in the past four years alone and boasting one of the lowest unemployment rates in the country at 3.8 percent. Total jobs in the state went above 3 million in the past year for the first time ever.


America’s Top State for Business – Education

Posted on June 29, 2015 at 2:51 PM

It hardly came as a surprise that Minnesota ranked high in education when CNBC crowned the state “America’s Top State for Business 2015” last week.


CNBC Names Minnesota Top State For Business

Posted on June 25, 2015 at 10:12 AM

In its 2015 ranking of “America’s Top States for Business,” Minnesota claimed the top spot - moving the state up from sixth place in 2014.

Duluth greets foreign journalists

Posted on June 24, 2015 at 9:00 AM
Tags: exports, jobs

Amy Hyun, correspondent for the Korea Times based in Chicago, is attracted to stories about the U.S. economy and connections between Minnesota and Korea. Soichi Inai, U.S. correspondent for the Japanese newspaper Nikkei, and Kenichiro Miyaki, U.S. correspondent for the Japanese wire service Jiji Press, are looking for the Minnesota-Japan connection.


Introducing Minnesota

Posted on June 23, 2015 at 1:39 PM

Ruben Barrera’s journalistic career has taken him from Mexico to Latin America and Texas. Now the correspondent for the Mexico City-based wire service Notimex is heading farther north to learn about Minnesota.


BIO 2015 in Philadelphia, Pa. See you at #311

Posted on June 11, 2015 at 12:00 PM
Tags: bioscience

You should be hearing a lot about 311 – and we don’t mean the Omaha, Neb. rock band or number to access non-emergency municipal services. 


DEED rolls out Career Profile tool

Posted on June 04, 2015 at 11:00 AM
Tags: job search, jobs

Say you’re interested in becoming an application software developer, living in the Twin Cities and want to stay there. What’s the demand for this occupation? How much does it pay? Can the pay meet the basic cost of living in the Twin Cities?


Training for Lueken’s Village Foods workforce emphasizes sustainability and aquaponics

Posted on May 28, 2015 at 8:00 AM
Tags: job training

Lueken’s Village Foods is poised to make a culture shift -- and take the city of Bemidji along for the ride.


Hanson Willis Discusses DEED’s Role in Developing, Retaining Older Workforce at U of MN Think Tank

Posted on May 19, 2015 at 9:00 AM
Tags: workforce

Today DEED Deputy Commissioner Jeremy Hanson Willis joins experts and community leaders from the University of Minnesota and across the state to talk about issues related to aging and the agency’s role in developing and retaining older workers in Minnesota.


Business First Stop touches St. Cloud foundry expansion at ‘speed of commerce’

Posted on April 28, 2015 at 8:30 AM
Tags: business expansion, Central MN, jobs

When Lt. Governor Tina Smith congratulated Grede Holdings LLC’s $17.5 million expansion in St. Cloud, she hat-tipped Minnesota Business First Stop.


Dislocated Worker Program a unique insurance policy against economic churn

Posted on April 21, 2015 at 2:00 AM
Tags: workforce, unemployment

An economy clipping along is no preventative against layoffs.


Job Vacancies in Minnesota at Highest Level Since 2001

Posted on April 14, 2015 at 2:07 PM
Tags: jobs

Minnesota employers are adding jobs – and at a record level. According to DEED’s latest Job Vacancy Survey findings, Minnesota has nearly 90,000 open jobs – that’s the most in nearly 14 years.


Study Minnesota Arab States Reception a Success

Posted on April 07, 2015 at 12:34 PM
Tags: education, networking

Recently, 125 representatives from colleges and universities across Minnesota gathered in Washington D.C. to meet with diplomatic and educational leaders from the Middle East for the 2015 Arab States Reception.


Construction on New Education and Career Center Begins this Summer

Posted on March 31, 2015 at 1:23 PM
Tags: jobs, education, Twin Cities

The West Broadway Education and Career Center, a new service center focused on providing education and workforce development opportunities and health services in one North Minneapolis location, is expected to open next summer.


Titan Training: A dual-track approach

Posted on March 24, 2015 at 12:05 PM
Tags: job training, grants, Northwest MN

Recently Northland Community and Technical College received a $293,378 Minnesota Job Skills Partnership Program grant to train 75 employees of Titan Machinery, Inc. in northwest Minnesota.


Understanding January Employment Data

Posted on March 17, 2015 at 10:10 AM

Recently, DEED announced Minnesota’s latest employment numbers for January 2015. The most notable update was the state’s unemployment rate held steady at 3.7 percent. Comparatively, the national unemployment rate for January was 5.7 percent.


Governor Dayton to Lead Trade Mission to Mexico, Promote State

Posted on March 10, 2015 at 3:21 PM
Tags: trade mission, exports

Governor Mark Dayton will lead a trade mission to Mexico Aug. 9-14. Besides helping Minnesota companies find business opportunities in Mexico, the governor hopes to attract Mexican investments to Minnesota and promote the state as a great place to do business.


What's New with the Angel Tax Credit Program

Posted on March 05, 2015 at 2:34 PM
Tags: angel tax credit

DEED’s Angel Tax Credit Program has attracted millions of dollars in private investments for high-tech startups in Minnesota.


Minnesota’s Clean Energy Economy

Posted on February 19, 2015 at 9:31 AM

The clean energy sector – businesses specializing in wind, solar, bio, energy efficiency and the smart grid – is one of Minnesota’s fastest-growing and most promising industries.


Trade in Minnesota Exports Strengthens in 2014

Posted on February 12, 2015 at 2:20 PM
Tags: exports

2014 was a strong year for Minnesota exports. Here are a few of the accomplishments made this past year by the Minnesota Trade Office (MTO), which works to boost exports and increase foreign direct investment (FDI).


Jobs and Investments Drive Economic Growth in 2014

Posted on February 09, 2015 at 1:05 PM

Minnesota’s economy took a big step forward in 2014, with the unemployment rate dropping to its lowest level in nearly 14 years and employers creating more than 33,000 jobs. Employment reached an all-time high in the state and showed every indication of continuing to grow in 2015. Read More...

Help for Small Businesses

Posted on January 29, 2015 at 12:30 PM

Minnesota is blessed with a wealth of Fortune 500 companies, including 3M, General Mills and Target. But small businesses form the core of the Minnesota economy, with more than 500,000 of them employing 1.2 million people. Altogether, small businesses account for 97.8 percent of all employers in the state.


DEED’s Mission to Help Unemployed Minnesotans Stays Strong

Posted on January 22, 2015 at 9:06 AM
Tags: unemployment, unemployment insurance

In 2014, we held strong to our mission of putting mighty Minnesotans back to work. More than 190,000 jobs have been added to our economy in the past four years. Read More...

Looking Back on DEED’s 2014 Accomplishments

Posted on January 16, 2015 at 3:54 PM

In January of 2014, the state’s unemployment rate was 4.7 percent. With an 18 percent reduction in unemployment insurance claims compared to the year before, Minnesotans were getting back to work. Last year at this time, it seemed like Minnesota had finally put the Great Recession in its rear-view mirror.

But even with the good news going into the New Year, we still couldn’t have predicted all of the success we were about to realize collectively in 2014.


DEED Goes to Work to Give Vets a Certain Future

Posted on January 15, 2015 at 8:13 AM
Tags: veterans, jobs

In 2014 DEED’s work to strengthen talent, innovation and trade in the state made tremendous headway. Clearly, Minnesota veterans embody an enormous amount of talent. Here are some ways DEED burnished their credentials even more.






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