America’s Top States for Business
15 Jul 2021
Inclusiveness is supposed to be this state’s North Star. But the state is at the heart of a national reckoning on race.
Governor: Tim Walz, Democrat
GDP growth (Q1 2021): 7.5%
Unemployment rate (May 2021): 4%
Top corporate tax rate: 9.8%
St. Paul – The Minnesota Department of Employment and Economic Development (DEED) will launch its new Main Street Economic Revitalization Program on Aug. 3. This $80 million statewide economic redevelopment program will award grants to partner organizations to establish programs within specific communities that will, in turn, fund economic development and...
Ramsey County, in partnership with the Ramsey County Workforce Innovation Board (WIB) launched a new initiative aimed at supporting businesses to become more inclusive workplaces. This effort is being led by the WIB’s Equity Committee in alignment with the county’s Economic Competitiveness and Inclusion Plan which set a comprehensive economic...
St. Paul – The Minnesota Department of Employment and Economic Development (DEED) has awarded grants totaling $3.1 million to 26 nonprofit lending partners across the state that provide business loans through DEED’s Minnesota Emerging Entrepreneur Loan Program (ELP). ELP supports the growth of businesses owned and operated by people who...