Job Creation Fund



Since the new Job Creation Fund was launched in January, Minnesota Department of Employment and Economic Development officials have approved funding for eight Minnesota expansion projects that are expected to create 435 jobs in the next few years.

Assuming those companies hire the promised number of workers and meet other performance criteria, they will be eligible for $4.2 million in funding from the Job Creation Fund.

One of the eight companies to receive funding was Harmony Enterprises in
Harmony.

With nearly $20 million remaining in the fund, more expansion projects are likely in the near future. DEED officials say eight more applications are pending, and interest is growing as more companies find out about the program.....

 

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Topics : Business_FinanceLabor
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Locations : Minnesota
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