DEED: Governor Walz Announces $13 Million for Business Expansion Statewide
4 Aug 2023
News
Governor Tim Walz announced that the Minnesota Department of Employment and Economic Development (DEED) will provide over $13 million to help 15 businesses across Minnesota expand. The funding, from DEED's Job Creation Fund and Minnesota Investment Fund, will leverage nearly $766 million in outside investment and create 652 jobs over five years.
"Minnesota is proud to be a top state for business and to live and work," said Governor Walz. "I am grateful to the workers, entrepreneurs, and businesses that call Minnesota home and contribute to our economy. We are committed to supporting our businesses and investing in the future of Minnesota's workforce , whether through business expansion, grants for entrepreneurs, or child care."
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