DEED approves job creation funding for five businesses
Tuesday, July 31, 2018
Businesses commit to investing $20.7 million, creating 131 jobs
ST. PAUL – The Minnesota Department of Employment and Economic Development (DEED) approved grants totaling nearly $706,000 to support five business expansion projects in Greater Minnesota.
Grants from the Job Creation Fund were approved for projects in Glenwood, Stewartville, Albert Lea, Monticello and Zimmerman. Four of the businesses are majority woman-owned firms.
"Supporting business expansions like these is exactly what the Minnesota Job Creation Fund is designed to do," said Governor Mark Dayton. "I congratulate these Minnesota businesses and their hard-working employees for their successes. We are grateful for their contributions to our economy and for the 131 new jobs these expansions will create.”