MN Deed: New Deed Automation Funding Program to Bring More Robots to Minnesota Economy
29 Nov 2022
News
St. Paul – Today, the Minnesota Department of Employment and Economic Development (DEED) announced a new program to support automation at manufacturers, the latest component of the $97 million State Small Business Credit Initiative (SSBCI).
As part of the Automation Loan Participation Program, DEED will make companion loans to cover financing gaps and expand financing opportunities for businesses purchasing machinery, equipment, or software to increase productivity and automation.
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