With Interest – Minnesota's Financial Services Growth Spurt

Wednesday, March 21, 2018

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 in 595 cities. Minnesota ranks third among states in the number of banking institutions. Minneapolis-based U.S. Bancorp, the global financial services giant, is the fifth-largest U.S. bank, with assets of nearly $450 billion. It operates 3,091 banking offices in 25 states. Minnesota also is home to Wayzata-based TCF Financial Corp., which operates...
Updated DEED Business Guide now available

Tuesday, March 20, 2018

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 36th edition and free of charge, provides a concise summary of the major issues faced by anyone starting a business in Minnesota.  “Small businesses employ just over half of the private-sector workforce and create nearly two-thirds of the nation’s jobs,” said DEED Commissioner Shawntera Hardy. “While starting a business is no easy...
New renewable energy option offered for businesses

Tuesday, November 28, 2017

An expansion to the Wellspring program is giving the largest businesses served by Great River Energy’s member cooperatives a new way to power their businesses with renewable energy. The Wellspring program has long offered residential members the opportunity to purchase wind energy in an amount up to their normal monthly consumption. Now, commercial and industrial (C&I) members are being given the same chance.  “Many large companies are looking for ways to offset their energy consumption with renewable resources so we designed an easy, affordable option that helps them achieve their sustainability goals and also reduce their carbon footprint,” said Jill Eide, key...