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DEED seeks funds for Greater Minnesota infrastructure grants and transportation-adjacent development program

2219966 · February 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Department of Employment and Economic Development asked the committee for $2.7 million for the Greater Minnesota Business Development Public Infrastructure program and $1.8 million for the Transportation Economic Development Infrastructure program to support local infrastructure that enables private-sector job creation.

ST. PAUL, Minn. — The Department of Employment and Economic Development told the Senate Capital Investment Committee on Jan. 28 it seeks replenishment of two grant programs that help communities pay for public infrastructure needed to support business expansion outside the seven-county metro area.

Why it matters: The programs aim to lower local development costs for industrial and transportation-oriented projects, supporting job creation across Greater Minnesota and reducing barriers for private investment.

Deputy Commissioner Kevin McKinnon described…

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