The grant funding will create or retain 112 jobs, collectively increase local tax bases by $1.82 million and leverage $230.9 million in private investment.
DEED’s new initiatives – the $2 million CanNavigate program and the $6 million CanStartup program – will provide technical assistance and increase access to capital for business owners looking to start and grow cannabis businesses in Minnesota.
Through DEED’s Transformative Career Pathways program, the agency partners with training providers across the state to help members of underserved communities prepare for and find family-sustaining employment.
Nine partner organizations will use their Main Street Economic Revitalization grants from DEED to offer assistance for businesses in the communities they serve.