STATEWIDE The Minnesota Department of Employment and Economic Development (DEED) recently announced the final component of the $97 million State Small Business Credit Initiative (SSBCI): the Small Business Loan Participation Program. As part of the program, DEED will purchase 25 to 30 percent participations in loans made by approved Community Development Financial Institutions (CDFIs) and nonprofit
Whiterock Finance has passed a significant funding milestone as it celebrates its tenth year, having provided finance to a Newtownabbey-based strength and conditioning equipment manufacturer.
“Facing the tightest labor market in America, we know Minnesota businesses can’t create a larger workforce out of thin air,” said DEED Commissioner Steve Grove. “A key strategy has to be automation ."