Economic Gateway http://econdev.greatriverenergy.com Great River Energy News RSS Feed Sun, 22 Apr 2018 21:56:09 +0000 en-US New Minnesota USDA rural development director focused on improving quality of life http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/163/new-minnesota-usda-rural-development-director-focused-on-improving-quality-of-life http://econdev.greatriverenergy.com/mncooperativesites/news Wed, 11 Apr 2018 00:00:00 +0000 Brad Finstad understands rural Minnesota. Having grown up in that setting and served in various capacities related to rural Minnesota in both the public and private sector, Finstad has a handle on the issues communities are facing. In addition, Finstad served as a legislative aid and then as a state representative, so... Chamber hosting Women’s Networking event http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/162/chamber-hosting-women’s-networking-event http://econdev.greatriverenergy.com/mncooperativesites/news Tue, 10 Apr 2018 00:00:00 +0000 NEW ULM — The New Ulm Area Chamber of Commerce hosted a networking and development opportunity for women on March 15,  at the Best Western Plus/New Ulm Conference Center. Mingle With A Purpose: Heels And All, featured Molly Cox, was an opportunity for women to get together, network with other women, and leave... Business survival rate top in the nation http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/160/business-survival-rate-top-in-the-nation http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 06 Apr 2018 00:00:00 +0000 Minnesota has the country’s highest five-year survival rate for new businesses, according to the U.S. Bureau of Labor Statistics. In Minnesota, of the businesses that launched five years ago in 2012, 57.4 percent of them were still operating. That’s the highest percentage nationwide. The five-year survival rate nationally is 50.2 percent. Many... Hutchinson businesses can showcase what they do at Expo http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/159/hutchinson-businesses-can-showcase-what-they-do-at-expo http://econdev.greatriverenergy.com/mncooperativesites/news Thu, 05 Apr 2018 00:00:00 +0000 Hutchinson businesses can showcase what their business does in the community at the Bring It Home Family Fun & Business Expo. The expo will be from 8:30 a.m. to 3 p.m. April 14 at the McLeod County Fairgrounds in Hutchinson. All participating businesses/organizations must be located within a 10-mile radius of Hutchinson.... Starting a business? Help is available http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/158/starting-a-business?-help-is-available http://econdev.greatriverenergy.com/mncooperativesites/news Wed, 04 Apr 2018 00:00:00 +0000 The 2018 edition of “A Guide to Starting a Business in Minnesota” is available from the Small Business Assistance Office at the Minnesota Department of Employment and Economic Development. The guide, which is free of charge, provides a summary of issues faced by people starting a business in Minnesota. “Small businesses employ... VENEMA APPOINTED CONSUMER ACCOUNT REP AT LAKE COUNTRY POWER http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/155/venema-appointed-consumer-account-rep-at-lake-country-power http://econdev.greatriverenergy.com/mncooperativesites/news Tue, 03 Apr 2018 00:00:00 +0000 Lake Country Power recently appointed Becky Venema of Bovey, MN as consumer account rep II in its Grand Rapids Service Center. Venema will be responsible for resolving a wide range of member inquires and concerns regarding issues such as billing, work orders, service orders and transfers. Venema most recently worked as an... REMER NORTHLAND SCHOOL ACCEPTS MORE THAN $39,000 FROM LAKE COUNTRY POWER http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/154/remer-northland-school-accepts-more-than-$39,000-from-lake-country-power http://econdev.greatriverenergy.com/mncooperativesites/news Mon, 02 Apr 2018 00:00:00 +0000 Lake Country Power recently presented a rebate check to Northland Community Schools in Remer, Minn., for $39,781, making it the largest commercial rebate the co-op has processed to-date. “It was a nice surprise to receive this money from Lake Country Power,” said Dan Switzer, chair of the school board. “There was... Great River Energy certifies new round of data center sites http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/165/great-river-energy-certifies-new-round-of-data-center-sites http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 30 Mar 2018 00:00:00 +0000 Data centers have become integral to everyday life. They provide the security and bandwidth needed to store and process information, making tasks such as email, streaming video and transferring money possible. The demand for data centers will continue, as companies such as telecommunication providers, banking and healthcare institutions depend on fast,... Spurring business growth in Anoka County http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/168/spurring-business-growth-in-anoka-county http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 30 Mar 2018 00:00:00 +0000 “Growth is never by mere chance; it is the result of forces working together.” - James Cash Penney This apt quote by the founder of the department store chain JCPenney can be applied to economic development. Sustainable growth requires investment and engagement from a broad range of stakeholders. But gathering disparate... Faribault Foods expansion earns EDAM’s Project of the Year Award http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/169/faribault-foods-expansion-earns-edam’s-project-of-the-year-award http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 30 Mar 2018 00:00:00 +0000 The City of Faribault recently received the 2018 Project of the Year Award by the Economic Development Association of Minnesota (EDAM) for working diligently with Faribault Foods and La Costena Group to accommodate a large-scale expansion project involving complex public infrastructure needs and an aggressive timeline. EDAM hosted an awards ceremony... Fergus Falls Area Entrepreneurs, Creators & Innovators approaches one year anniversary http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/153/fergus-falls-area-entrepreneurs,-creators-&-innovators-approaches-one-year-anniversary http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 30 Mar 2018 00:00:00 +0000 January and February are the months of annual reports for many organizations and for the Fergus Falls Area Entrepreneurs, Creators & Innovators (EC&I) it is not different. Formed in April of 2017, the Fergus Falls Area EC & I is a monthly gathering of entrepreneurs, technologists, veterans, students, investors, artists and... Lambrecht helps market region for data center growth http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/166/lambrecht-helps-market-region-for-data-center-growth http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 30 Mar 2018 00:00:00 +0000 Many organizations and people play a role when it comes to promoting Minnesota as a place to do business, including Tom Lambrecht, economic development services manager at Great River Energy, who recently participated on a panel at the Utilities and Data Center Conference in Austin, Texas. There, Lambrecht touted the Midwest... Economic development services launches new website http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/167/economic-development-services-launches-new-website http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 30 Mar 2018 00:00:00 +0000 Great River Energy has launched a revamped website that highlights its economic development efforts in Minnesota that includes a comprehensive suite of user-friendly tools and information for site selectors, entrepreneurs and business owners. The new economic development portal is a comprehensive repository featuring data from Great River Energy’s 28 member cooperatives... Local counties eligible for support from FCC’s Connect America Fund http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/152/local-counties-eligible-for-support-from-fcc’s-connect-america-fund http://econdev.greatriverenergy.com/mncooperativesites/news Thu, 29 Mar 2018 00:00:00 +0000 Nearly 17,500 rural homes and businesses in Minnesota that are currently unserved by high-speed Internet service could get connectivity in the near future. These homes and businesses are in unserved areas of Minnesota eligible for financial support from the next phase of FCC’s Connect America Fund (CAF), which helps offset the... McGregor Baking Company 2017 Business of the Year http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/151/mcgregor-baking-company-2017-business-of-the-year http://econdev.greatriverenergy.com/mncooperativesites/news Wed, 28 Mar 2018 00:00:00 +0000 Mark and Stacy Bohn, owners of McGregor Baking Company and Café, were presented with the 2017 Business of the Year award at the annual McGregor Area Chamber of Commerce dinner held on Jan. 29. The Bohns opened the McGregor Baking Co. and Café in May 2006, a result of the encouragement... Business consulting services offered in Aitkin http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/150/business-consulting-services-offered-in-aitkin http://econdev.greatriverenergy.com/mncooperativesites/news Tue, 27 Mar 2018 00:00:00 +0000 The North Central Minnesota Small Business Development Center (SBDC) at Central Lakes College recently began offering its business consulting services at the Birchwood Center in Aitkin. The SBDC offers information, training and consulting to individuals who are interested in starting or purchasing a business and to owners of existing businesses who... Priming 20 acres for potential industrial development http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/149/priming-20-acres-for-potential-industrial-development http://econdev.greatriverenergy.com/mncooperativesites/news Mon, 26 Mar 2018 00:00:00 +0000 The Aitkin Action Alliance met on Feb. 14. Industrial Park Committee member Ross Wagner reported to the group that Aitkin County recently approved the land transfer for over 200 acres along the Mississippi River. Aitkin County Growth will retain 20 acres from the sale, and will use proceeds from the sale... Minnesota ranked as having best average credit rating in nation http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/164/minnesota-ranked-as-having-best-average-credit-rating-in-nation http://econdev.greatriverenergy.com/mncooperativesites/news Sat, 24 Mar 2018 00:00:00 +0000 Minnesotans' noted Midwestern work ethic apparently extends to personal finance. The consumer and business credit rating agency Experian said in its State of Credit report for 2017 that Minnesotans have the highest credit scores in the country. The company's annual survey shows that Minnesotans have an average credit score of 709 out of 850,... Formula for Success: Minnesota Biotech & Life Sciences http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/148/formula-for-success:-minnesota-biotech-&-life-sciences http://econdev.greatriverenergy.com/mncooperativesites/news Fri, 23 Mar 2018 00:00:00 +0000 Minnesota cements status as national leader in bioscience research and discovery A University of Minnesota spinout company is working to develop an artificial liver that could dramatically reduce the number of patients who die waiting for a liver transplant. Another Minnesota company has developed a novel means of serving primary care... Agricultural Business Feeds Minnesota's Economic Bottom Line http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/147/agricultural-business-feeds-minnesota's-economic-bottom-line http://econdev.greatriverenergy.com/mncooperativesites/news Thu, 22 Mar 2018 00:00:00 +0000 Agriculture and food production is a major staple of the Minnesota economy Minnesota’s early economy was built on fur trading and farming, with flour being an early commodity. While the state has grown into a tech and research hub, the business of producing goods from fertile Minnesota land continues to help... With Interest – Minnesota's Financial Services Growth Spurt http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/146/with-interest-–-minnesota's-financial-services-growth-spurt http://econdev.greatriverenergy.com/mncooperativesites/news Wed, 21 Mar 2018 00:00:00 +0000 Strong financial services yield innovative new companies The financial services sector has long been an anchor of the Minnesota economy, and the banking and asset management firms the state has are creating technology-driven enterprises that complement and serve them. More than 300 banking institutions serve Minnesota with more than 1,700 branches... Updated DEED Business Guide now available http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/145/updated-deed-business-guide-now-available http://econdev.greatriverenergy.com/mncooperativesites/news Tue, 20 Mar 2018 00:00:00 +0000 Thirty-sixth edition covers major issues faced by people who start businesses ST. PAUL – The 2018 edition of “A Guide to Starting a Business in Minnesota” is now available from the Small Business Assistance Office at the Minnesota Department of Employment and Economic Development (DEED).  This popular guide, which is now in its... Minn. native's Bitcoin brilliance propels him onto prestigious Forbes '30 under 30' list http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/62/minn.-native's-bitcoin-brilliance-propels-him-onto-prestigious-forbes-'30-under-30'-list http://econdev.greatriverenergy.com/mncooperativesites/news Wed, 21 Feb 2018 00:00:00 +0000 MOORHEAD, Minn.—Olaf Carlson-Wee is a 28-year-old, San Francisco-based cryptocurrency hedge fund founder and CEO. He's also the Head of Risk and Product Manager of Coinbase, one of the most well-known digital currency exchanges in the world. For all intents and purposes, Carlson-Wee is the Wolf of Crypto Street. Carlson-Wee, a Moorhead,... Regional director for Small Business Development Center greeted http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/61/regional-director-for-small-business-development-center-greeted http://econdev.greatriverenergy.com/mncooperativesites/news Mon, 19 Feb 2018 00:00:00 +0000 NEW ULM — The Willkommen Committee recently greeted Mike Hahn, the new Regional Director for the Small Business Development Center in Mankato. SBDC is a member of the New Ulm Area Chamber of Commerce. Mike brings years of community and economic development experience to his position. Originally from Iowa, Mike and his... USA Today names Minnesota best-run state http://econdev.greatriverenergy.com/mncooperativesites/news/p/item/60/usa-today-names-minnesota-best-run-state http://econdev.greatriverenergy.com/mncooperativesites/news Wed, 14 Feb 2018 00:00:00 +0000 Minnesota is the best-run state in the nation, according to a new study from USA Today. The study cites Minnesota’s strong fiscal management, low unemployment and poverty rates, above-average median household income, and the state’s nearly perfect credit rating. Since ranking 10th in 2012, Minnesota has consistently climbed in the rankings under...