U.S. SECRETARY OF COMMERCE GINA RAIMONDO ANNOUNCES $3 BILLION INVESTMENT IN AMERICA’S COMMUNITIES

Project expected to create and retain 525 jobs  ST. PAUL – The Minnesota Department of Employment and Economic Development (DEED) announced today that it has awarded a $2,000,000 grant to an infrastructure project in Faribault.  During the second quarter of the year, DEED awarded this one grant through...Continue Reading

Minnesota's health care startups raised a combined $1.46 billion from IPOs in the second quarter, according to the Medical Alley Association's quarterly investment report released Wednesday. The four IPOs from Medical Alley Association companies (Agiliti Inc., Bright Health, CVRx Inc. and Miromatrix Medical Inc.) is a record for the...Continue Reading

WASHINGTON – The U.S. Secretary of Commerce Gina M. Raimondo has announced that the Department of Commerce’s Economic Development Administration (EDA) will implement a series of programs, collectively called Investing in America’s Communities, to equitably invest the $3 billion it received from President Biden’s American Rescue Plan Act to help...Continue Reading