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![Northland Reliability Project provides sizable boost to state’s economy Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/files/NRP_EconomicImpact_LinkedIn_Jobs.jpg)
A significant economic boost is expected from the Northland Reliability Project with positive effects on jobs and wages as well as about $2 billion in total impacts to Minnesota’s economy according to the findings of a recent study.Great River Energy and Minnesota Power are planning to build the 180-mile, double-circuit...
![Member-owner cooperatives have an opportunity to promote net carbon reduction through Energy Efficiency and Electrification (E3) commercial financing Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/electrification-1.jpg)
Environmentally conscious businesses can reduce their environmental impact with the help of the Energy Efficiency and Electrification (E3) Commercial Financing Program provided by Great River Energy. These loans provide the necessary funding to reduce net carbon production while creating new electrical revenue for cooperative members.Member-owner cooperatives provide pass-through loans with...
![Great River Energy funds projects leading to net carbon reduction and new energy sales Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/carbon.jpg)
Funding for projects leading to net carbon reduction and new energy sales are now available through Great River Energy’s Energy Efficiency and Electrification (E3) commercial financing options. Commercial customers of energy cooperative members can apply for a single-project loan of up to $350,000 for carbon-reduction and electrification projects, including heavy...
![SC Times: St. Joseph company breaks ground on $20M factory Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/GRE%20SC%20Times.jpg)
Adam Hansen launched his own cabinetry business 20 years ago, when he was just 21 years old and had $1,500 to invest. In the intervening two decades, it steadily grew — initially from A-Cab Custom Woodworking (when it employed, well, him) to Hansen & Company Woodworks a few years ago,...
![DEED: Governor Walz Announces $5 Million for Business Expansion Statewide Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/gov-office-announcement-banner_tcm1045-624622.jpg)
Governor Tim Walz and the Minnesota Department of Employment and Economic Development (DEED) today announced more than $5 million for three business expansion projects in the state. The projects are expected to support 175 jobs and leverage $72 million in outside investment."We didn't achieve our ranking as a top state...
![Great River Energy loan programs offset equipment and construction costs and land acquisition expenses for startups Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/equipment.jpg)
Great River Energy’s pass-through loan programs fund land acquisition, construction cost, and equipment purchases for new and expanding businesses. Other loans invest in electrification and net carbon reduction projects. Equipment, land acquisition and construction costs are all covered by GRE loan programs Eligible commercial customers can apply for the Business Expansion Loan...
![Golden Shovel Agency: Navigating the Skyways: Exploring Federal Funding for Local Airports Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/navigating-the-skyways-exploring-federal-funding-for-local-airports.jpg)
Golden Shovel Agency: Navigating the Skyways: Exploring Federal Funding for Local Airports
Aug 19 2024Federal funding is available to help preserve, expand, and upgrade local airport facilities. “From Runways to Revenue: Economic Benefits of Your Local Airport” provides key information and tips on how to secure this funding. Before downloading, here is an overview of what you need to know.Federal Funding for Airports: Part...
![Tribal Business News: $2 billion secured for tribal clean energy as EPA locks in historic funding Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/GRE%20Tribal%20Business%20News.jpg)
Tribal Business News: $2 billion secured for tribal clean energy as EPA locks in historic funding
Aug 16 2024The Environmental Protection Agency announced it has fully obligated the $27 billion allocated by the Greenhouse Gas Reduction Fund (GGRF) to 68 awardees across three grant programs. By officially obligating the funds, the Biden administration ensures that the commitments are irrevocable, even if there’s a shift in the White House...
![USDA FACT SHEET: Celebrating Two Years of the Inflation Reduction Act Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/usda-rural-small.png)
Two years ago, President Biden signed the Inflation Reduction Act, the largest investment in climate action and clean energy in world history. Key to the Biden-Harris Administration’s Investing in America agenda, this transformative law is lowering energy costs, creating new income streams, and tackling the climate crisis. The Inflation Reduction...
![MSP Business Journal: When it comes to data centers, is Minnesota plugged in? Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/MN%20plugged%20in%20900.jpg)
The proliferation of data centers across America is helping to power the nation's increasing digital economy - but for some, it's coming at too high, or too unknown, of a cost. The data center boom isn't new, but the rate at which these projects are being planned, proposed, and built is...
![Press Release: Great River Energy, Form Energy break ground on first-of-its-kind multi-day energy storage project Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/Great%20River%20Energy%20logo.png)
A significant leap in energy technology was marked as Great River Energy and Form Energy broke ground on the first-of-its-kind 1.5 megawatt (MW) multi-day energy storage project in Cambridge, Minnesota.The Cambridge Energy Storage Project represents a groundbreaking partnership between Great River Energy and Form Energy, aimed at addressing one of...
![Duluth News Tribune: Using earth-shaking 'vibe trucks,' company hopes to zero in on helium under Lake County Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/GRE%20Duluth%20news%20tribune.jpg)
Duluth News Tribune: Using earth-shaking 'vibe trucks,' company hopes to zero in on helium under Lake County
Aug 14 2024On a remote Lake County gravel road between Babbitt and Isabella, a 62,000-pound truck lowered itself onto a steel plate and started vibrating, sending low-frequency energy waves into the ground.Ripples formed in a nearby pothole puddle and rocks surrounding the plate danced a few inches off the ground. Observers could...
![MSP Business Journal: Minnesota ranked 4th best state to move to, says Consumer Affairs Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/howtorelocation.jpg)
Minnesota is one of the top five states in the country to move to, according to a new state study.The state was ranked at No. 4 by Consumer Affairs, a research and internet platform based in Tulsa, Oklahoma.Consumer Affairs measured factors such as affordability, economy, education and health, quality of...
![New commercial and industrial projects can cover early acquisitions with the Business Expansion Loan Program Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/industry-projects.jpg)
New commercial and industrial projects can cover early acquisitions with the Business Expansion Loan Program
Aug 12 2024New commercial and industrial projects in need of additional funds should consider Great River Energy’s Business Expansion Loan Program. This program helps potential commercial or industrial businesses acquire startup funds for land, construction, and equipment purchases. Business Expansion Loan Program provides generous terms to new commercial and industrial projects Funds must be...
![Area Development: Emerging Markets in Aerospace: Navigating Federal Funding and Strategic Expansion Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/id99944_AerospaceEmergingMarkets1000%20(1).jpg)
Area Development: Emerging Markets in Aerospace: Navigating Federal Funding and Strategic Expansion
Aug 12 2024The aerospace and defense (A&D) industry is undergoing a transformative period with significant federal funding shifts towards emerging markets. This article will examine the trends in federal funding, the rise of new A&D hubs, and the strategic considerations companies must navigate to capitalize on these opportunities.Trends in Federal FundingFederal funding...
![Pioneer Press (Lake Country Power): Minneapolis family opens new fully accessible resort near Ely Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/STP-L-OUTDOORS-0811_01.jpg)
Pioneer Press (Lake Country Power): Minneapolis family opens new fully accessible resort near Ely
Aug 10 2024Along Birch Lake: In an era when many small resorts are sold off for their waterfront land values and developed into condos or lake homes — Minnesota has fewer than half the “ma and pa” resorts it did 50 years ago — Sean and Jill Leary are bucking the trend.The...
![SBA update for August 2024: New loan, beefed-up small business programs Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/Stock%20Images/gettyimages-1302714697_900x506x3936-2214-0-205.jpg)
Small business owners are now officially able to apply for the Small Business Administration's New Working Captial Loan. The announcement comes after the agency initially rolled out the Working Capital Pilot Program offering for its 7(a) lenders, releasing details on fees, rates and terms that would give small business owners...
![Energy Efficiency and Electrification (E3) commercial financing covers the majority of project costs Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/electrification-2.jpg)
Energy Efficiency and Electrification (E3) commercial financing covers the majority of project costs
Aug 6 2024Eligible members of all-requirements cooperatives have the valuable opportunity to expand electrical demand and stimulate local business through loans provided by the Energy Efficiency and Electrification (E3) Commercial Financing Program. Money from these pass-through loans supports conservation projects and major electrification overhauls. Energy savings or new energy sales projects receive generous...
![Governor Walz announces Minnesota Ranked Best State for Health Care Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/GRE%20Cook%20County%20News%20Herald.jpg)
On Tuesday, July 30, Governor Tim Walz announced that WalletHub has ranked Minnesota as the best state in the nation for health care for the second consecutive year. Minnesota’s ranking is based on 44 key indicators, including cost, access, and health outcomes.“Minnesota’s top spot in this ranking is a reflection...
![Energy Efficiency and Electrification (E3) commercial financing is available for businesses ready for electrification and carbon reduction projects Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/energy-efficiency.jpg)
The Energy Efficiency and Electrification (E3) Commercial Financing Program helps all-requirements cooperative members assist local industry when purchasing or retrofitting high-efficiency equipment. Energy Efficiency and Electrification (E3) commercial financing supports environmentally conscious businesses and generates new revenue for cooperative members Eligible projects reduce carbon emissions by upgrading forklifts, heat pumps and other...
![Help start a new commercial or industrial enterprise with funding from the Business Expansion Loan Program Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/business-expansion-2.jpg)
Help start a new commercial or industrial enterprise with funding from the Business Expansion Loan Program
Jul 30 2024The Business Expansion Loan Program allows rural utility service borrowers to fund new commercial and industrial projects in their area. The program primarily services major startup expenses such as land acquisition that create at least 500 kilowatts of new electrical demand. The Business Expansion Loan Program helps initiate large projects Borrowers may...
![Aitkin Age (Mille Lacs Energy): Mille Lacs Corporate Ventures celebrates grand opening of hotels at Grand Casino Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/669fe9603b955_image.jpg)
After an extensive nine month renovation of over 1,100 hotel rooms, Mille Lacs Corporate Ventures (MLCV) announced the grand opening of the hotels at both Grand Casino Mille Lacs and Grand Casino Hinckley.Ribbon-cutting ceremonies were held at both locations to celebrate the comprehensive hotel renovations. All rooms and suites have...
![Proven businesses can accelerate growth with the Business Expansion Loan Program Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/seo/business-expansion-1.jpg)
Great River Energy’s Business Expansion Loan Program encourages new energy sales through business expansion and development. The program favors commercial and industrial investment that brings new business into rural Minnesota. Stimulating industry development with the Business Expansion Loan Program Recipients must disburse funds to startups and expanding businesses, emphasizing land acquisition and...
![Rox Speed FX: An inspiring business in our backyard Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_2/images/News/GRE%20Grand%20Rapids%20Herald%20Review.jpeg)
Rox Speed FX, Inc is a company in the backyard of the Grand Rapids area that has been serving the power sports industry since 1999. This local business, referred to the paper by a family friend, has been an innovative company specializing in customizations and helping others since its inception.Rocky...