News

Magazine Highlights Minnesota as a Top Spot for Business

Wednesday, February 13, 2019

The new edition of Minnesota: Thriving in the North spells out the benefits of doing business here. It highlights the state’s inviting business climate, innovative atmosphere and world-class workforce. The publication, available in both print and digital versions, is part of DEED’s ongoing work to promote the state’s advantages for business investment and expansion, as well as its culture of innovation and quality of life. Read full article. 
New Privacy and Data Security Guide Published for 2019

Tuesday, February 12, 2019

Annual guide developed in cooperation with Gray Plant Mooty ST. PAUL - The Minnesota Department of Employment and Economic Development (DEED) has partnered with Minneapolis law firm Gray Plant Mooty to publish “A Legal Guide to Privacy and Data Security 2019.” This privacy guide is intended to inform businesses of legal issues related to privacy and data security. Written for non-lawyers, this is the fourth time Gray Plant Mooty and DEED have collaborated to publish and distribute the privacy guide. Read full article. 
Step Up for Repeat Homebuyers or Refinancing

Friday, February 01, 2019

You don’t need to be a first-time homebuyer to take advantage of our affordable loans. The Step Up program has a purchase loan if you’re a current homeowner (or owned within the last three years) and want to buy a different home. You can also use Step Up to refinance your current home at an affordable, fixed rate.  Affordable, fixed interest rates for the life of the loan As little as 3% down with our exclusive conventional loans Downpayment and closing cost loans up to $15,000 – a unique option for refinancing Low or no mortgage insurance options for lower monthly payments Continue to full article
Attracting Millennials

Wednesday, January 30, 2019

It’s hard to know what to believe about Millennials; the overall impression is that they are lazy, entitled and killing American culture one day at a time. If this is the case, then why do so many communities work to attract them? In truth, we know that there is a lot more to Millennials than what floats around in popular culture. We know that they can be a vibrant addition to any community and want them here. To attract Millennials, it is important to dig deeper and learn more about what makes them tick. Every week there’s a new ground-shattering revelation...
Senta Leff Interview

Wednesday, January 30, 2019

A CONVERSATION WITH ONE OF MINNESOTA’S LEADING AFFORDABLE-HOUSING ADVOCATES Senta Leff doesn’t believe chronic homelessness can be eradicated in Minnesota; she knows it can. As co-chair of the Homes for All coalition, she is leading more than 200 diverse organizations, including the American Institute of Architects Minnesota, toward policy solutions that will end homelessness and provide stable, safe housing for all Minnesotans. In a wide-ranging interview with Architecture MN, Leff reframes housing as infrastructure and highlights the critical role that architects can play in helping Homes for All continue its success at the state capitol. Continue to full article
Council interested in learning more about proposed bio refinery

Friday, January 25, 2019

Canadian firm has an interest in locating adjacent to Great River Energy’s RDF facility The Elk River City Council thinks Great River Energy should go ahead and explore a partnership that could put a bio refinery next to its waste-to-energy facility on Highway 10. Enerkem, a Montreal-based clean-tech company, uses its own technology to convert pre-treated waste from cities and counties into transportation fuels and chemicals. According to its website, Enerkem already operates bio refineries in Edmonton, Alberta, Canada, and has planned facilities in Quebec, the Netherlands and China. A representative of Enerkem spoke to the Elk River City Council at its...
Minnesota's ACT scores remain steady, among best in the U.S.

Wednesday, January 23, 2019

Minnesota's average declined slightly but not enough to alter its best-of-the-nation standing. Minnesota students’ scores on the ACT college entrance exam dipped slightly this year but were still higher than those of any other state where nearly all students take the test. Graduating seniors in the class of 2018 earned an average composite score of 21.3 out of a possible 36, according to test results released Wednesday. That’s down from last year’s state average of 21.5, but still above the national average of 20.8 for the test that measures students’ college readiness in math, reading, science and English. Continue to full article
How Minnesota Became the Land of 10,000 Startups

Monday, January 21, 2019

Minnesota is no stranger to big business. It’s home to such names as Target, Best Buy, General Mills, and Ecolab — all of which have made their homes in Minnesota for generations and have become a source of pride. But a new industry — technology — is taking Minnesota by storm, boosting the local economy and putting the state on the global map once again. Minnesota has long been known for its high standard of living, agriculture industry, and flourishing community of performing arts. But over the past decade the Twin Cities area has made great strides to become a forward-thinking...
Up North Plastics to double its business park footprint

Friday, January 18, 2019

COTTAGE GROVE — Up North Plastics is set to expand in a big way. The business park giant will be doubling its facility size as well as nearly double its workforce. Already the fifth-largest employer in the city with over 250 jobs, the expansion is estimated to create 200 more over three years. "It's pretty awesome to see this project coming forward, basically doubling the size of building and jobs," Mayor Myron Bailey said at the Economic Development Authority meeting. Continue to full article
The University of Minnesota’s craziest, most interesting innovations

Wednesday, January 16, 2019

The University of Minnesota is, and always has been, at the heart of the state’s innovation economy. Its faculty have created everything from new apples to life-saving drugs. Here are several of the U’s most interesting innovations. Continue to full article
IREC: Where Are The Best And Worst Shared Renewables Programs?

Monday, January 14, 2019

A national scorecard released by the nonprofit Interstate Renewable Energy Council (IREC) grades states’ shared renewable energy programs – e.g., community solar and net metering – with Minnesota and New York coming out on top. IREC says its National Shared Renewables Scorecard uses specific criteria to evaluate how each program stacks up against national best practices and to one another. This includes bill credit valuation, project siting requirements, interconnection procedures, low- to moderate-income customer participation, subscription portability and transferability, third-party ownership and management, and data tracking and reporting. Continue to full article
Meet R2DMoo, the Robot Cowboy on Duty at Cargill’s Beef Plants

Wednesday, January 09, 2019

Cargill’s beef plant in Schuyler, Nebraska recently welcomed a new co-worker: a remote-controlled, two-armed, bag-waving robot cowboy some are calling R2DMoo. The silly-sounding robot serves a serious purpose: keeping employees safe. The average bovine that moves through Cargill’s beef plant can weigh up to three quarters of a ton, and the plant processes more than 5,000 each day. There are a lot of safety risks attached to these gentle-looking giants. Continue to full article
Retail Trade in Central Minnesota

Monday, January 07, 2019

Bricks-and-mortar stores have been struggling nationwide in recent years, but retail jobs are still growing in central Minnesota. Retail employment and businesses in the area grew at a faster pace than any other Minnesota region in 2017, according to a story by Luke Greiner in Trends magazine. Altogether, the region had just over 36,000 retail jobs last year. Central Minnesota has added 760 net new retail jobs since the industry bottomed out in 2010 in the wake of the recession. Continue to full article
New Guide to Hiring Disabled Veterans Available

Friday, January 04, 2019

With record low unemployment, more and more employers are feeling the laborforce crunch, but one group of job seekers may be overlooked – disabled veterans. To raise employer awareness of this labor source and lower perceived barriers to hiring disabled veterans, the Disabled American Veterans (DAV) has released their 2018 hiring guide. Continue to full article
More U.S. Veterans Are Off the Streets

Thursday, January 03, 2019

Number of homeless vets falls to approximately 38,000, a 5.3% decline since last year and about half the 73,367 veterans tallied in 2009 WASHINGTON—The number of homeless veterans declined in 2018 in response to long-established federal efforts and a push by dozens of local communities, according to the departments of Housing and Urban Development and Veterans Affairs. Nationwide, the number of homeless veterans fell to approximately 38,000, according to an overall count of the homeless taken in January. That represented a 5.3% decline since last year and about half the 73,367 veterans tallied in 2009.  Continue to full article
State announces almost $88 million in housing grants

Wednesday, January 02, 2019

An infusion of $87.5 million will create and preserve 1,700 units of affordable housing across Minnesota, state officials announced Thursday. Minnesota Housing Commissioner Mary Tingerthal said the investment will spur additional local and private funding totaling $364 million and support more than 3,600 jobs. She said the funding will help bolster the state's housing stock. Continue to full article
An Enterprise of Entrepreneurs

Wednesday, January 02, 2019

Entrepreneurs, makers and artists networked with DEED representatives from the Offices of Small Business Assistance, Business Finance, Business Development, Small Business Development Centers, Minnesota Trade Office and Unemployment Insurance to learn about technical support and financing programs DEED offers that help get startups up and running.  DEED’s Startup open house, held Oct. 9 at the First National Bank Building in St. Paul, competed with some major Startup Week events taking place that morning, such as Manova Global Summit and specialized tracks in FinTech and Food Ag Ideas. Startup Week program attendees had twice as many events to choose from this year, compared to...
State announces $87 million for affordable housing

Tuesday, January 01, 2019

Minnesota Housing is investing more than $80 million in projects expected to support 1,700 affordable housing units across the state. The state agency announced Thursday that 55 construction or renovation projects, including 25 for multifamily housing, will receive $87.5 million in deferred loans and other financial assistance. The projects were chosen through a competitive process, Housing Commissioner Mary Tingerthal said in an interview. Continue to full article
A Central Information Source on Down Payment Trends

Monday, December 31, 2018

As the shortage of affordable housing worsens, low down payment mortgages are playing a vital role in helping families become homeowners and stimulating housing demand. Consumers today have at their disposal an extraordinary variety of low down payment options—from FHA, some 2,500 plus homeownership programs, and the newest products offered by America’s leading lenders. However, public awareness of the opportunities to buy a home with a low down payment is still surprisingly low, according to recent surveys.  Continue to full article
DEED Launches Tool to Measure, Report Broadband Access

Monday, December 31, 2018

Check Speed Minnesota will give insight into consumer experience, inform policymakers ST PAUL - The Minnesota Office of Broadband Development, located within the Minnesota Department of Employment and Economic Development (DEED), today launched a new tool that will allow Minnesotans to test, map and report various broadband internet speeds across the state. CheckSpeedMinnesota.com is a benchmarking tool designed to gather information about the high-speed internet consumer experience in Minnesota. By answering a few questions and running a speed test, the input captured will help create a better overall picture of broadband in the state. Continue to full article
St. Paul Planning and Economic Development Department hires new housing director

Sunday, December 30, 2018

St. Paul’s Planning and Economic Development Department announced this week that it has hired Kayla Schuchman as its new housing director. “Kayla brings a unique mix of professional skills and experience to help us implement effective and meaningful strategies along the continuum of affordable housing policies and programs,” Bruce Corrie, the director of PED, said in a statement announcing Schuchman’s appointment. Continue to full article
Mainstreams: Drop-in center offers resources for homeless youth

Friday, December 28, 2018

Open Doors For Youth is a drop-in resource center in Elk River for youth ages 16 to 24 facing homelessness. The center is located at 554 Third St. NW, Suite 201, and is open Monday through Friday from noon-2 p.m. for the public and 2-6 p.m. for youth. Its mission is to provide a safe place where youth experiencing homelessness can acquire basic needs and resources as they work towards building healthy relationships and greater stability. Executive Director Cindy Ley, board chair Cheryl Wold and board member Marilyn Olson talked recently about the organization and some new developments. Continue to full article
MILE Program Approves First Round of Startup Loans

Friday, December 28, 2018

Funding goes to four early-stage businesses in St. Louis Park, St. Paul, Mendota Heights and Mankato ST. PAUL – Four high-tech startup businesses in Minnesota, including three owned and operated by women, have been approved for interest-free loans totaling $196,000 under a pilot program at the Minnesota Department of Employment and Economic Development (DEED). DEED approved the funding from the Minnesota Innovation Loans for Entrepreneurs (MILE) program for UR Turn in St. Louis Park, Thrivors Inc. in St. Paul, Poma 22 in Mendota Heights and Guardian Athletics in Mankato. Continue to full article
Teen entrepreneurs figure heavily into Elk Pride Bazaar

Thursday, December 27, 2018

Decades-old event gave local crafters, including some teens and young adults, a chance to show artistic talents and skills as promising entrepreneurs Brianna Anderson, a 2016 graduate of Elk River High School is still in college, but she is already acting upon her desire to give back to the high school and community she feels gave her so much. Anderson sold homemade apparel like scarves and headbands with interchangeable accessories that she crochets at the annual Elk Pride Craft Bazaar Nov. 3 at Elk River High School. Continue to full article
Three Greater Minnesota Cities Awarded Infrastructure Grants

Thursday, December 27, 2018

Funding will support infrastructure improvements in Jackson, St. Joseph, and Faribault ST. PAUL – Minnesota Department of Employment and Economic Development (DEED) awarded just over $2.35 million in grants to infrastructure projects in the Greater Minnesota area. The funding awarded from DEED’s Greater Minnesota Business Development Public Infrastructure Grant Program(BDPI) was approved for the cities of Jackson, St. Joseph and Faribault. It is expected to create an additional 166 full-time jobs and prepare these cities for future growth. Continue to full article
Chamber strikes gold at kickoff celebration

Wednesday, December 26, 2018

Event recognizing 50 years of the Elk River Area Chamber of Commerce starts the party The Elk River Area Chamber of Commerce held the kickoff to its 50-year anniversary celebration on Oct. 4 at Rockwoods Bar and Grill in Otsego with a gold rush. With The Bank of Elk River as the presenting sponsor, attendees had chances to strike it big. Rep. Nick Zerwas handed out small bags of gold nuggets and a special prize for one lucky guest, and there was a chance to cash in at the end of the night with gold rush poker. There was both a silent...
DECA to open store on Main Street for holidays

Wednesday, December 26, 2018

High school students will sell limited-edition merchandise as well as assorted apparel, mugs and more Elk River High School DECA is opening up a holiday pop-up shop in downtown Elk River inside of Salon on Main. The marketing students will be selling Elk River merchandise such as T-shirts, sweatshirts, sweaters, mugs, hats and more. There will also be limited-edition holiday merchandise available, including blankets and Christmas ornaments. Continue to full article
Downtown Elk River turns up holiday cheer

Wednesday, December 26, 2018

The Downtown Elk River Holiday Celebration on Dec. 15 attracted 100s, including many children and families who visited Santa and Mrs. Claus. The annual event was sponsored by the Downtown Rivers Edge Business Association. Continue to full article
Bank of Elk River wins two honors

Tuesday, December 25, 2018

The Bank of Elk River has won two honors recently. The bank was named the 2018 Service Business of the Year by the Anoka Area Chamber of Commerce. Also, for the second consecutive year, the bank has been recognized as one of the top 50 extraordinary banks in the nation by The Institute for Extraordinary Banking. The award recognizes the bank’s commitment to excellence in banking and service to the community and is given to the top 1 percent of community banks in the nation. Continue to full article
Minnesota's ACT scores remain steady, among best in the U.S.

Monday, December 24, 2018

Minnesota's average declined slightly but not enough to alter its best-of-the-nation standing.  Minnesota students’ scores on the ACT college entrance exam dipped slightly this year but were still higher than those of any other state where nearly all students take the test. Graduating seniors in the class of 2018 earned an average composite score of 21.3 out of a possible 36, according to test results released Wednesday. That’s down from last year’s state average of 21.5, but still above the national average of 20.8 for the test that measures students’ college readiness in math, reading, science and English. Continue to full article
How Minnesota Became the Land of 10,000 Startups

Sunday, December 23, 2018

Minnesota is no stranger to big business. It’s home to such names as Target, Best Buy, General Mills, and Ecolab — all of which have made their homes in Minnesota for generations and have become a source of pride. But a new industry — technology — is taking Minnesota by storm, boosting the local economy and putting the state on the global map once again. Minnesota has long been known for its high standard of living, agriculture industry, and flourishing community of performing arts. But over the past decade the Twin Cities area has made great strides to become a forward-thinking...
Up North Plastics to double its business park footprint

Friday, December 21, 2018

COTTAGE GROVE — Up North Plastics is set to expand in a big way. The business park giant will be doubling its facility size as well as nearly double its workforce. Already the fifth-largest employer in the city with over 250 jobs, the expansion is estimated to create 200 more over three years. Continue to full article
The University of Minnesota’s craziest, most interesting innovations

Thursday, December 20, 2018

The University of Minnesota is a research giant. Sure, most colleges and universities have an active team of researchers, but few institutions churn out inventions at the same rate as the U. Last year, the U was named by the National Science Foundation as one of the nation’s top 10 research institutions. A report released by the university in late 2017 estimates that it has had an $8.6 billion impact on Minnesota, and that its inventions generated more than $320 million for the state between 2009 and 2015. Continue to full article
IREC: Where Are The Best And Worst Shared Renewables Programs?

Wednesday, December 19, 2018

A national scorecard released by the nonprofit Interstate Renewable Energy Council (IREC) grades states’ shared renewable energy programs – e.g., community solar and net metering – with Minnesota and New York coming out on top. IREC says its National Shared Renewables Scorecard uses specific criteria to evaluate how each program stacks up against national best practices and to one another. This includes bill credit valuation, project siting requirements, interconnection procedures, low- to moderate-income customer participation, subscription portability and transferability, third-party ownership and management, and data tracking and reporting. Continue to full article
Q&A with Aneela Idnani Kumar, who turned a bad habit into a Minnesota Cup-winning idea

Tuesday, December 18, 2018

Aneela Idnani Kumar’s pursuit of product to help address her own mental health disorder led to her founding HabitAware, a startup that recently won the grand prize in the Minnesota Cup business-idea competition. Idnani Kumar and her husband, Samir, launched St. Louis Park-based HabitAware about three years ago to develop a bracelet that would alert wearers when they are performing repetitive actions, like hair pulling, that can be symptoms of mental health conditions. Continue to full article
Meet R2DMoo, the Robot Cowboy on Duty at Cargill’s Beef Plants

Monday, December 17, 2018

Cargill’s beef plant in Schuyler, Nebraska recently welcomed a new co-worker: a remote-controlled, two-armed, bag-waving robot cowboy some are calling R2DMoo. The silly-sounding robot serves a serious purpose: keeping employees safe. The average bovine that moves through Cargill’s beef plant can weigh up to three quarters of a ton, and the plant processes more than 5,000 each day. There are a lot of safety risks attached to these gentle-looking giants. Continue to full article
Retail Trade in Central Minnesota

Sunday, December 16, 2018

Bricks-and-mortar stores have been struggling nationwide in recent years, but retail jobs are still growing in central Minnesota. Retail employment and businesses in the area grew at a faster pace than any other Minnesota region in 2017, according to a story by Luke Greiner in Trends magazine. Altogether, the region had just over 36,000 retail jobs last year. Central Minnesota has added 760 net new retail jobs since the industry bottomed out in 2010 in the wake of the recession. Continue to full article
New Guide to Hiring Disabled Veterans Available

Friday, December 14, 2018

With record low unemployment, more and more employers are feeling the laborforce crunch, but one group of job seekers may be overlooked – disabled veterans. To raise employer awareness of this labor source and lower perceived barriers to hiring disabled veterans, the Disabled American Veterans (DAV) has released their 2018 hiring guide. Continue to full article
An Enterprise of Entrepreneurs

Thursday, December 13, 2018

Entrepreneurs, makers and artists networked with DEED representatives from the Offices of Small Business Assistance, Business Finance, Business Development, Small Business Development Centers, Minnesota Trade Office and Unemployment Insurance to learn about technical support and financing programs DEED offers that help get startups up and running.  DEED’s Startup open house, held Oct. 9 at the First National Bank Building in St. Paul, competed with some major Startup Week events taking place that morning, such as Manova Global Summit and specialized tracks in FinTech and Food Ag Ideas. Startup Week program attendees had twice as many events to choose from this year, compared to...
MILE Program Approves First Round of Startup Loans

Wednesday, December 12, 2018

ST. PAUL – Four high-tech startup businesses in Minnesota, including three owned and operated by women, have been approved for interest-free loans totaling $196,000 under a pilot program at the Minnesota Department of Employment and Economic Development (DEED). DEED approved the funding from the Minnesota Innovation Loans for Entrepreneurs (MILE) program for UR Turn in St. Louis Park, Thrivors Inc. in St. Paul, Poma 22 in Mendota Heights and Guardian Athletics in Mankato. Continue to full article
Three Greater Minnesota Cities Awarded Infrastructure Grants

Tuesday, December 11, 2018

Funding will support infrastructure improvements in Jackson, St. Joseph, and Faribault ST. PAUL – Minnesota Department of Employment and Economic Development (DEED) awarded just over $2.35 million in grants to infrastructure projects in the Greater Minnesota area. The funding awarded from DEED’s Greater Minnesota Business Development Public Infrastructure Grant Program(BDPI) was approved for the cities of Jackson, St. Joseph and Faribault. It is expected to create an additional 166 full-time jobs and prepare these cities for future growth. Continue to full article
DEED Launches Tool to Measure, Report Broadband Access

Monday, December 10, 2018

Check Speed Minnesota will give insight into consumer experience, inform policymakers ST PAUL - The Minnesota Office of Broadband Development, located within the Minnesota Department of Employment and Economic Development (DEED), today launched a new tool that will allow Minnesotans to test, map and report various broadband internet speeds across the state. CheckSpeedMinnesota.com is a benchmarking tool designed to gather information about the high-speed internet consumer experience in Minnesota. By answering a few questions and running a speed test, the input captured will help create a better overall picture of broadband in the state. Continue to full article
Action needed now to address Minnesota's housing shortage

Thursday, November 29, 2018

The availability of affordable homes has been a key competitive edge in attracting families and businesses to Minnesota.  It’s hard to question the credibility of Montevideo, Minn., Mayor Debra Lee Fader when she talks about the connection between housing and the vitality of communities. The civic leader and business person’s knowledge of the issue is firsthand. She hasn’t been able to find a home she and her husband can afford since they sold the Sportsmen Inn, the motel they operated. Now, Fader is seeking to drop her re-election bid. She told a reporter that “she didn’t feel right about campaigning for mayor...
SOLAR FINDS ITS PLACE IN THE SUN AMONG AMERICA'S POOR

Wednesday, November 28, 2018

In a white hard hat, cargo work pants and sunglasses, Krystal Ruiz climbs the scaffolding of a multifamily public housing unit on Manhattan’s Lower East Side. Ruiz is installing solar panels on the building as an installation supervisor with GRID Alternatives, a nonprofit providing solar energy to low-income communities in cities across the U.S. She’s excited. A public housing tenant herself, Ruiz is helping to realize the potential of solar power for communities that simply couldn’t access it a decade ago. It’s a silent revolution sweeping across America’s landscape even as the federal government rolls back its climate commitments under President...
Ribbon cut for Elk River Senior Living

Tuesday, November 27, 2018

New facility provides for independent senior living, assisted living, and memory care options for seniors The Elk River Area Chamber of Commerce recognized Elk River Senior Living on Sept. 18 for opening its doors to seniors in the community. The facility provides independent senior living, assisted living and memory care options for seniors in Elk River and surrounding areas. The 98-unit senior living community is located just east of Highway 169 in Elk River. Continue to full article    
Elk River economic development at a glance

Monday, November 26, 2018

The city of Elk River Economic Development Authority recognizes the availability of a skilled workforce is a critical component to economic vitality in the community. Increasing opportunities for young people enables private-sector businesses to respond to the increasing demands for skilled labor. In order to support this endeavor, the EDA has supported the Youth Skills Training Program, which is offered by the Department of Labor and Industry in collaboration with the Elk River Chamber of Commerce, and local businesses. The jobs created as a result of this investment are believed to positively impact the local economy, the environment and the quality of...
Farm celebrates 100 years

Sunday, November 25, 2018

Elk River’s Wingard Farms is celebrating its 100th year. Descendants of the founder, Arthur Wingard, own and operate the farm today. The farm’s sprawling 30,580-square-foot potato packing warehouse is located at 15596 County Road 14 in Big Lake Township and the family farms 900 acres of land within a 3-mile radius of that site. Three hundred seventy-five acres produce potatoes; seed corn and soybeans are grown on the rest. The farm got its start in 1918, when Arthur Wingard traded his hotel near Mille Lacs Lake for land in Brooklyn Center. There he began growing potatoes and other vegetables. After World War...
Mainstreams: After 45 years in business, Jerry's of Elk River is sold

Friday, November 23, 2018

For 45 years, Jerry and Thiry Minor sold cars to three generations of customers at their business, Jerry’s of Elk River. But now they’ve come to the end of that road and have recently sold their business. “There’s got to be closure no matter what you do in life,” Jerry said. “We had great, great customers. That was probably one of the reasons I never wanted to quit — the people. I’ll kind of miss that, but it was time.” Chris Dedrick, of Rogers, is the new owner of Jerry’s of Elk River. He’s excited, but also said he knows he has some...
Cool jobs tour to shed light on manufacturing career options

Thursday, November 22, 2018

Businesses, schools, chamber and economic development heads partner on initiative While students at area high schools give thought to future careers and the educational paths that will help them achieve their goals, manufacturing jobs don’t always capture the attention. Local businesses, directors of the economic development, the schools and the Elk River Area of Chamber of Commerce have banded together to make sure outdated perceptions don’t keep them from considering manufacturing careers. The Elk River Workforce Development Task Force is hosting a Cool Jobs Tour on Oct. 16 as part of Manufacturing Week initiatives to give students, parents and the community an inside...
Sportech named best in class manufacturer

Tuesday, November 20, 2018

Minnesota is home to more than 8,000 manufacturers, and this past September, Sportech Incorporated was recognized as one of the best in the state by Minnesota Business magazine. Sportech was named Best-in-Class Large Manufacturer during the magazine’s 2018 Made in Minnesota Manufacturing Awards. The annual competition recognizes manufacturing excellence, and winners are selected by an elite panel of judges representing a broad spectrum of businesses in Minnesota. Sportech received the top accolade while being considered with runners-up Bedford Industries of Worthington and Polaris Industries of Medina. The panel of judges noted Sportech stood out for its entrepreneurial spirit and success; job creation...
Support Small Businesses on Nov. 24 and Beyond

Tuesday, November 20, 2018

November 24 is Small Business Saturday, a shopping holiday that urges consumers to patronize small and independent businesses rather than online retailers or big box stores. American Express was behind the first Small Business Saturday, which started in 2010. The initial goal was to counter the negative effects of the recession on small businesses and local economies. The holiday quickly caught on. In 2011, the Senate passed a resolution in support of Small Business Saturday. Consumers have now spent an estimated $85 billion at independent retailers and restaurants over the eight Small Business Saturdays since its inception. Small Businesses Make a Significant Economic...
Spirit Award honors 2

Monday, November 19, 2018

Lutheran Social Service of Minnesota recognized two local employees with the 2018 Spirit Award, which honors employees who demonstrate outstanding commitment and dedication to the organization’s vision and mission. The distinctive qualities that honorees bring to their work were highlighted at an awards luncheon in August: •Tashia Maland is a mental health practitioner who builds strong relationships with colleagues and the individuals she supports. She is a strong advocate for the youth and families she serves. •Erika Roske is a direct support professional who pushes limits to explore all possibilities for meeting the needs of individuals with disabilities she supports. Of the organization’s 2,300...
Chamber strikes gold at kickoff celebration

Sunday, November 18, 2018

Event recognizing 50 years of the Elk River Area Chamber of Commerce starts the party The Elk River Area Chamber of Commerce held the kickoff to its 50-year anniversary celebration on Oct. 4 at Rockwoods Bar and Grill in Otsego with a gold rush. With The Bank of Elk River as the presenting sponsor, attendees had chances to strike it big. Rep. Nick Zerwas handed out small bags of gold nuggets and a special prize for one lucky guest, and there was a chance to cash in at the end of the night with gold rush poker. There was both a silent...
CHOW Mixed Grill and BBQ Celebrates One Year in Business

Friday, November 09, 2018

Restaurants are an integral part of our communities. They serve as important community gathering places and they also contribute to the economy. Every dollar spent in restaurants generates $2 in sales for other industries, according to the National Restaurant Association. In October, Marco Serrano celebrated his Elk River restaurant’s one-year anniversary. Chow Mixed Grill and BBQ is a family-owned restaurant offering an elevated version of comfort food, made from scratch with locally sourced ingredients. Serrano’s wife is from Elk River. He’s a transplant from the Detroit area with Italian and Polish heritage. He grew up working in his family’s restaurants and developed...
Housing Solutions: No "One Size Fits All"

Friday, November 02, 2018

It's a wide-ranging plan to meet Minnesota's housing needs. Governor Mark Dayton unveiled a task force report that calls for construction of 300,000 homes in Minnesota by the year 2030. The report also focuses on preserving existing homes and keeping them affordable and assisting those at risk of eviction and recommends a public-private partnership to monitor the state's housing market. While the task force recommendations represent a broad approach to addressing Minnesota's housing crisis, there's no "one size fits all" plan to solve the problem. Continue to full article
Everything a first-time homebuyer needs to know to seal the deal

Thursday, November 01, 2018

Real estate professionals offer consumers advice on first-time buying programs and insights into market conditions Affordability is at an all-time low for starter homes, and it’s making things tough for prospective first-time homebuyers to cross over from renting to owning. A recent news story from Bloomberg claimed starter homes are pricier than they were at pre-recession levels and the typical first-time homebuyer now needs nearly 23 percent of their income to afford the typical entry-level home, according to data from the National Association of Realtors. Even as prices gradually decrease and inventory rebounds, modest cooling in the housing market really only helped high-end markets. Continue to full article
New housing vs. used: Nonprofits try new tactic in affordability wars

Wednesday, October 31, 2018

Heather Cassell knows it’s cheaper to buy something that’s used. “Pretty much everything I have is used,” said Cassell, 39, a single mother of three boys. “I don’t see why I would buy anything new. It’s a lot less expensive.” Her landlord has learned the same lesson. Cassell can live in her Little Canada apartment only because the housing nonprofit Aeon bought it used — rather than trying to build new apartments. Minneapolis-based Aeon and other affordable-housing advocates have been buying thousands of units of existing housing to keep the rents low, allowing renters like Cassell to stay where they are. The old approach...
Income stagnation is a big factor in housing crisis

Tuesday, October 30, 2018

It just isn’t that complicated. Housing costs more than it used to for most of us, and our incomes haven’t kept up. That’s the full explanation of what’s meant by the term affordable housing crisis. Maybe this seems obvious to you. But through a summer of interviews and research on our housing problem, I was struck by how little I heard about stagnant incomes for a big slice of the population. Instead, people complained about things like single-family housing regulations, construction costs or zoning policies. To be sure, more can be done to change regulations and lower the cost of building. But without a...
More places to call home

Monday, October 29, 2018

New report highlights housing as single best investment for Minnesota's economy According to Governor Dayton’s recent report on housing, the single best investment we can make to ensure Minnesota’s economic competitiveness is to increase the amount and quality of stable housing for all Minnesotans. With the rising cost of housing, transportation, health care, education and other basic goods outpacing average incomes, Minnesotans are cost-burdened by their housing, hampering our state’s prosperity and posing one of the biggest issues facing our communities today. The report maps out six principles of a resilient housing system that Minnesota should reinforce or expand: Fair and equitable access...
Housing program builds on dream

Friday, October 26, 2018

Thirteen years after arriving in the United States from Algeria, Soraya Belfodil says she has a dream. However, she doesn’t see it as a uniquely American dream. “This is the dream of any human being — to buy a house,” she said. However, studies show the dream is more difficult to obtain for minorities, especially in Minnesota, which reportedly has one of the highest racial homeownership gaps in the country. According to the Minnesota Homeownership Center, 41 percent of households of color own a home in the state, compared to 76 percent of white households. Bill Gray, stakeholder relations director for the center, said that...
HRA, City Council ponder downtown redevelopment

Thursday, October 25, 2018

City officials are eyeing another redevelopment project in downtown Elk River, and the idea stoked a range of responses. Members of the Elk River Housing and Redevelopment Authority and the Elk River City Council held a joint meeting to hear and discuss the idea before the regular council meeting Monday night. Economic Development Director Amanda Othoudt explained a survey and inspection report that covers 24 parcels of land and eight buildings near Highway 10 between Jackson and Lowell avenues. The council decided in May to ask a Minneapolis firm for the report as a part of the city’s exploration of potential downtown redevelopment....
US Foods brings eateries out to local farm

Wednesday, October 24, 2018

About 250 people descended on Riverside Farms in Elk River on Tuesday for an event inspired by the local food movement. Sponsored by US Foods, it was a chance for some of the company’s customers — primarily restaurants — to bring their staff on a “field trip” to the farm, meet growers who provide them with locally sourced produce, proteins and dairy, taste freshly prepared products and tour Riverside Farms. Rolando Diaz, the chef and owner of Marna’s Catering in Robbinsdale, said it was exciting to get a behind-the-scenes perspective. “We buy cases and cases of things and we just put them away...
Wright, Sherburne in top 10 for growth

Wednesday, October 24, 2018

Wright and Sherburne are among the 10 fastest-growing counties in Minnesota, according to recently released data from the Census Bureau. Wright County added 9,589 residents between 2010 and 2017 for a 7.7 percent rate of growth while Sherburne grew by 6,078 residents for a 6.8 percent rate of growth. Minnesota experienced an overall population growth rate of 5.1 percent from 2010 to 2017, with the addition of 272,682 residents. Much of the population growth is concentrated in the Twin Cities metro area. Scott is the fastest-growing county (12.2 percent), followed by Carver (12.1 percent), Hennepin (8.6 percent), Ramsey, Wright and Clay (all 7.7...
Engholm marks 30 years at Elk River ban

Tuesday, October 23, 2018

Sue Engholm, senior consumer lender, AVP, has celebrated 30 years of working at The Bank of Elk River. In 1988, Sue and her husband transitioned from Duluth to Ramsey for her husband’s career. Shortly after the move, Sue interviewed with Cheryl Dehmer and Pat Dwyer, both of whom are still with the bank today. She began working at the bank as a drive-up teller and bookkeeper in the Main Street office. Since then, she has held many other positions. “Sue is a wealth of knowledge. She is a great resource for our customers as well as our employees,” said Corey Wemple, director of...
Pine River State Bank celebrates 100 years

Tuesday, October 23, 2018

Nowthen mayor issues proclamation to recognize business Pine River State Bank of Nowthen celebrated its 100th anniversary on Aug. 15. Nowthen Mayor Jeff Pilon signed a proclamation declaring it Pine River State Bank of Nowthen Day. Pine River State Bank, which started in Pine River, Minnesota, and now has five branches, is celebrating its 100-year anniversary during this entire year. The bank opened the Nowthen branch in 2005, and Karl Nelson, its current senior vice president and Nowthen branch manager, has been with the Nowthen branch from the beginning. The Nowthen Branch celebrated with the community on Wednesday, Aug. 15, with a free lunch, dessert...
Chamber doles out recognition at annual meeting

Monday, October 22, 2018

Organization honors charter members, volunteers and mix of new and outgoing board members The Elk River Area Chamber of Commerce recognized charter members and outstanding volunteers, honored retiring board members, and installed new board members and officers at its 2018 annual meeting Sept. 12 at The Links at Northfork. The Chamber of Commerce kicked off the celebration of its 50th anniversary year at this annual meeting. New Board Chair Corey Wemple along with other officers and new board members Carrie Collyard Glinsek and Marilyn Nathe Specht were installed. Continue to full article
Farm pursues dream for event barn business

Monday, October 22, 2018

Carla and David Mertz plan to embark on making dreams into reality now that they’re reasonably sure Sherburne County will issue them an interim-use permit to operate a rural-event business using a historic barn on their property, the Iron Shoe Farm. As a working barn currently housing poultry, the structure is far from ready to host guests, but the farmers are excited to start executing their plan. The Mertzes bought the 63-acre farm on 136th Street in Baldwin Township about five years ago and have been thinking about a rural-event business almost since they first arrived. “Agri-tourism” is a relatively new term...
Helping Startups Succeed—and Stay—in the Midwest

Sunday, October 21, 2018

At the University of Minnesota, launching a new company is one of several ways that breakthrough research can move beyond the lab to benefit the public. But finding the right leader, with the right experience, to bring these new technologies to market can be difficult. “Leadership is just as important as intellectual property to a startup’s success,” said Mary MacCarthy, Venture Center program manager with the U’s Venture Center in the Office for Technology Commercialization. “The biggest challenge the U of M has with launching our startups is finding skilled, available CEOs with experience in particular industries.” A new network comprising 11...
Number of Women-Owned Businesses Increased Nearly 3,000% since 1972, According to New Research

Friday, October 19, 2018

NEW YORK--(BUSINESS WIRE)--Women started an average of 1,821 new businesses per day in the U.S. between 2017 and 2018, according to analysis in the 2018 State of Women-Owned Businesses Report, commissioned by American Express (NYSE:AXP). This level of new business formation by women is greater than the daily average during the pre-recession period from 2002 to 2007 (714), the recession and recovery period between 2007 and 2012 (1,143), and the post-recession period between 2012 and 2017 (952). New this year, the report explores data back to 1972 – the first time the U.S. Census Bureau provided data on minority-owned and women-owned...
Rochester, Twin Cities Ranked Among Most Innovative On Earth

Friday, October 19, 2018

The Australian data research company 2thinknow released its 11th annual Innovation Cities Index this month. See how Minnesota cities ranked. ROCHESTER, MN — Innovation isn't easy. Case in point, your kids have heard of Netflix and Facebook, but will give you a blank look if you talk about Blockbuster or MySpace, two companies routinely listed among the biggest to fail specifically because they didn't innovate. So when we say three Minnesota cities were just ranked among the most innovative on Earth, it's — with apologies to Ron Burgundy and the movie "Anchorman" — kind of a big deal. The Australian data research company...
How are we doing? Minnesota near top of 'best economy' states

Thursday, October 18, 2018

A ranking of state economies using metrics like poverty rate, home ownership, job growth and education puts Minnesota ahead of California (and, more important, Wisconsin).  USA Today reports on the listing, compiled by financial site 24/7 Wall Street. Minnesota comes in No. 7 overall, just behind Hawaii. The state scored points for its low unemployment rate (3.1 percent at the time of the survey), GDP annual growth rate of 1.7 percent (the 14th best in the list) and an especially high home ownership rate of 71.3 percent. The top-ranked states overall were Colorado, Utah and Massachusetts. Louisiana, Alaska and West Virginia came in last. Continue...
New York Times sends reporter to State Fair, discovers Minnesota's greatness

Thursday, October 18, 2018

Our beloved Minnesota State Fair gets a glowing feature — and they didn't even make fun of us.  This is no grape salad write-up. No outrage needed this time, Minnesota. Yep, the New York Times published a story last night about another one of our most-treasured institutions — and got it right. In “A Newbie at the Minnesota State Fair,” a freelancer writer (who just moved here) goes to the Great Minnesota Get-Together and completely gushes. Writer Allison Duncan attended the first day of the fair, citing it as “the biggest state fair in the United States by daily attendance, and this year...
Minnesota's unemployment rate hits an 18-year low, with good trends for blacks, hispanics and teens

Wednesday, October 17, 2018

Minnesota is enjoying it's third highest 3-month job growth rate since 1990. There's more good economic news for Minnesota when it comes to job growth. Department of Employment and Economic Development researchers say while the state's overall unemployment rate hit an 18-year low at three percent for the month of July, subsets within the population are doing even better. DEED Research Director Steve Hine says they've seen an among Minnesotans with less than a high school diploma, unemployment dropped nearly seven percentage points, mostly due to teen unemployment dropping 6 percent. Black unemployment is also down nearly 3 percent from the same time last...
Innovation Voucher Award Program

Tuesday, October 16, 2018

Financial Awards Give Small Businesses Access to Technical Assistance The Innovation Voucher Award Program provides $5,000 to $25,000 awards to help small businesses purchase technical assistance and services necessary to advance research, development or commercialization of new or innovative products and services. Qualifying businesses receive awards – which the recipient must match on a 50 percent basis – to reimburse for expenses incurred for assistance and services rendered by public universities, colleges, technical schools and non-profits in Minnesota. Reimbursable expenses include purchased technical assistance and services in research, technical development, product development, commercialization, market development, technology exploration, and improved business practices, including strategies to...
3 Percent

Monday, October 15, 2018

MN's unemployment rate has been at or below 4 percent for four years straight Minnesota’s seasonally adjusted unemployment rate fell to its lowest level since June 2000 – 3 percent. Our unemployment rate has been at or below 4 percent for four consecutive years. (The US unemployment rate in July was 3.9 percent.) Employers added 11,200 jobs in July and 31,800 jobs over the past three months, the third-highest number of new jobs over a three-month span dating back to 1990. Details: Monthly gains across the major sectors were widespread; only two sectors lost jobs. The largest job gains were in education & health care (up...
Many steps needed to ensure affordable housing for all

Wednesday, October 10, 2018

This is the third and final installment of a series of editorials by the Adams Publishing - ECM Editorial Board, examining affordable housing issues in Minnesota and potential solutions. Every family needs to have a place to call home – a cozy bed, a kitchen stocked with food and a secure roof overhead. Beyond shelter requirements, home offers us sanctuary from the stresses of life, a place for children to do their homework and for social interaction. So why is that quest so far out of reach for many Minnesotans? It just doesn’t seem possible in this time of booming business, residential...
June foreclosure starts plummet to lowest level in nearly 2 decades

Tuesday, October 09, 2018

Foreclosure inventory hits post-recession low Foreclosure starts just plummeted in June to their lowest level in 17 years, according to the latest report from Black Knight. Foreclosure starts dropped 3.1% from May to June to the lowest single-month total in more than 17 years, according to the report. The inventory of mortgages in active foreclosure dove 30% from last June, according to the report. This brought active foreclosures down by 119,000 loans to below 300,000 for the first time in nearly 12 years. However, despite these decreases in foreclosures, Black Knight’s data also shows delinquencies, mortgages that are 30 days or more past due, inched...
What Realtors need to know about Millennials

Monday, October 08, 2018

And what mortgage lenders should tell them FACT: Nearly half of Millennials (now between the ages of 20 and 37) live in suburbs. FACT: New Home Inventory is low… very low. However, builders are trying to find a way to increase construction of new, entry-level homes to accommodate the growing need. This is good news as would-be buyers have been frustrated in their search for a home that meets their needs  – and their budget. FACT: A large portion of Millennials – slightly less than half – are already purchasing their second or third homes. (Wow!) Working with Millennial buyers First, communication is key. Millennials are well connected and have...
Expanding the Horizon for Homeownership in the Twin Cities

Friday, October 05, 2018

A decade ago, Hunde Takele arrived from Ethiopia to the Twin Cities as a “lucky winner” of the U.S. green card lottery. “It was really hard to win,” he says, not just because millions of people apply to the lottery every year, but winning meant he’d move to a new place he had no connections to. “I didn’t know much about North America,” he says, “I had no family or friends here to call and ask. There was no internet to do any research.” He decided to move to Minnesota because he remembered studying the Mississippi River in school. Once there, he...
Affordable Housing Affected By Workforce Need

Thursday, October 04, 2018

Affordable housing continues to be a growing issue in Rochester. There are multiple factors that go into the price of renting and buying, including the cost of labor.         The decrease in construction workers may be increasing the cost of housing. There is a decline in young construction workers, both in South Eastern Minnesota and across the nation. In 2005, there were 11.7 million construction workers in the U.S., but in 2016 that number dropped by more than a million, according to an analysis of U.S Census Data by Buildzoomin the Wall Street Journal. Continue to full article
The New Housing Crisis: Shut Out Of The Market

Wednesday, October 03, 2018

Ten years after the housing collapse during the Great Recession, a new and different housing crisis has emerged. Back then, people were losing their homes as home values crashed and homeowners went underwater. Today, home values have rebounded, but people who want to buy a new home are often priced out of the market. There are too few homes and too many potential buyers. Home construction per household is now at its lowest levels in nearly six decades, according to researchers at the Federal Reserve Bank of Kansas City. This isn't just a problem in San Francisco or New York, where home prices and rents...
Cities Encouraged to Apply for MHFA Workforce Housing Grant

Tuesday, October 02, 2018

Small and mid-sized cities in Greater Minnesota have until Oct. 11 to submit an application. Up to $1.9 million in grant or deferred loan funds are available to build market-rate residential rental properties in communities with proven job growth and demand for workforce rental housing. The Minnesota Housing Finance Agency (MHFA) is accepting applications until 4:30 p.m. on Oct. 11. —Learn more and apply for this grant Continue to full article
State awards $2.7 million for workforce training for businesses

Monday, October 01, 2018

The Minnesota Department of Employment and Economic Development (DEED) has awarded workforce development grants totaling $2.7 million to help train 4,400 workers in partnership with community colleges and business. Under the Minnesota Job Skills Partnership (MJSP), participating businesses work  with an accredited educational institution to explain their training needs and to learn options. Once they agree on a plan, the educational institution contacts DEED to determine eligibility for a grant. “The Minnesota Job Skills Partnership works to ensure that critical training for high-skill jobs is available to Minnesota workers," said Shawntera Hardy, commissioner of the Minnesota Department of Employment and Economic Development...
Elk River featured on cover of Minnesota Cities magazine

Friday, September 28, 2018

The city of Elk River made the cover of the July/August edition of Minnesota Cities magazine, a publication by the League of Minnesota Cities, for the addition of an electric vehicle to the city’s fleet. The 2018 Mitsubishi Outlander plug-in hybrid electric vehicle features two electric motors and a gasoline engine that work together to ensure optimal performance depending on the driving conditions, all while reducing emissions and saving money. Environmental coordinator Amanda Bednar, who is pictured on the cover of the magazine, says the city signed a three-year lease for the Outlander, and multiple departments are using it with the goal...
Minnesota solar market surges

Wednesday, September 26, 2018

Minnesota’s solar market grew significantly in the first quarter, adding 105 megawatts of power, the fifth most among states during that time, according to data released. Minnesota has total of 849.5 megawatts of solar production, enough power for 116,670 homes, according to GTM Research and the Solar Energy Industries Association (SEIA), a trade group. A megawatt is one million watts, and by comparison Xcel Energy’s largest coal-fired and nuclear power plants in Minnesota each have a capacity of over 600 megawatts (though they can operate continuously). Continue to full article
In a tight labor market, Minnesota employers look to an under-utilized labor pool: workers with disabilities

Monday, September 24, 2018

On the main floor of the Minneapolis-based Minnesota Diversified Industries (MDI), Karen Howson is busy arranging piles of flat plastic sheets and transferring them to a nearby production line. From there, her co-workers fold the sheets and then carefully place them under sonic welding machines to form corrugated plastic mail trays that will eventually go to the United States Postal Service. In July, Howson will celebrate her second anniversary as a full-time production line worker at MDI, which designs and manufactures plastic totes, trays, boxes and other products for big and small companies, including Amazon, Caribou Coffee, Best Buy and 3M. Continue to full article
Minnesota named third best state for summer road trips

Friday, September 21, 2018

Safety helps make Minnesota one of the best states in the U.S. to take a drive. When the orange construction cones come out, Minnesotans know it’s time to hit the road. Luckily, we live in a state that’s prime for exploring in the summer, making us one of the best in the nation for taking a good ‘ol fashioned road trip. A recent report by WalletHub found that Minnesota is the third-best state for summer road trips. Based on more than 30 factors including gas prices, activities, attractions and safety, the personal finance website ranked Wyoming the best road-trip state. North Carolina came in second. Tiny...
This Minnesota Startup Built a National Directory for Women-Owned Businesses

Wednesday, September 19, 2018

MAIA launched earlier this year with a straightforward, single-minded goal: to compile a huge list of women-owned businesses and turn it into an easily-searchable online directory. By developing a platform that made it easy to find women-owned businesses, MAIA founders Kateri Ruiz and Angel Rowell hope to make it easy for consumers to find and support female entrepreneurs across the country. Eden Prairie-based MAIA officially launched in late April, and now has more than 700,000 businesses from across the country listed on its site. But this is just the beginning, Ruiz and Rowell told Minne Inno. There are around 11.5 million women-owned businesses in the United...
Midwest manufacturing growth slows, but still strong

Monday, September 17, 2018

Minnesota, Midwest saw an increase in June, but the rate has slowed.  Manufacturing growth, while still strong, slowed some in June as producers said they worried about the impact of U.S. trade tariffs and global trade wars. The monthly Mid-America Business Conditions Index, produced by Creighton University, tracks factory conditions in Minnesota and eight other central states. Results for June showed the growth index at 61.8, down from an unusually robust 67.3 in May but still far above the neutral growth 50. Minnesota's index fell to 58.8 from 64.2 in May, putting it seventh among the nine states surveyed. Factory leaders in June said...
This Minnesota Startup Built a National Directory for Women-Owned Businesses

Friday, September 14, 2018

MAIA launched earlier this year with a straightforward, single-minded goal: to compile a huge list of women-owned businesses and turn it into an easily-searchable online directory. By developing a platform that made it easy to find women-owned businesses, MAIA founders Kateri Ruiz and Angel Rowell hope to make it easy for consumers to find and support female entrepreneurs across the country. Eden Prairie-based MAIA officially launched in late April, and now has more than 700,000 businesses from across the country listed on its site. But this is just the beginning, Ruiz and Rowell told Minne Inno. There are around 11.5 million women-owned businesses in the United...
More MN workplaces offering 'Summer Fridays'

Wednesday, September 12, 2018

According to a recent survey more than 40 percent of employees will get out of work early or may not even have to work at all on Fridays during the summer. MINNEAPOLIS - Companies are working hard to find innovative ways to keep employees happy and it’s not always money. In fact, a recent study found more than 40% of companies offer some sort of flex Friday or Summer Friday hours. Jealous? Yeah, we are too. We stopped by a few Minnesota companies to see how it works and if it’s really as glorious as it sounds. At executive staffing firm Versique, Summer Fridays are...
Minnesota Business Firms Expect Unchanged Conditions for 2019

Friday, September 07, 2018

Firms point to stability in the state’s overall economy ST. PAUL – Minnesota business services firms feel positive about the economy, with nearly 90 percent expecting sales revenue to increase or remain stable next year, according to a joint survey released today by the Minnesota Department of Employment and Economic Development (DEED) and the Federal Reserve Bank of Minneapolis. Business services firms are less optimistic, however, that productivity and employment levels will grow or remain stable in 2019. Sixty-eight percent expect their supply of workers to remain stable. That’s down from 77 percent last year. Only 7 percent of respondents anticipate labor availability...
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Avalon Salon: Fostering Beauty, Opportunity and Community

Wednesday, August 15, 2018

Tamara Ackerman is the stylist turned entrepreneur behind Avalon Salon in downtown Elk River. Through her business, she empowers other cosmetologists and gives back to the community. Ackerman attended the Aveda Institute for Cosmetology and is an industry veteran of 25 years. “I’m very passionate about being the artist behind the chair. I really like that piece of it,” she says. Ackerman worked in a salon in Golden Valley and helped run a staff education program there for a decade before starting her own business. She recently renovated Avalon Salon. It offers a full slate of services for hair, nails and skin...
Bank of Elk River wins national award

Tuesday, November 21, 2017

Award-winning video showcases city and local family who bought their dream home with the bank’s help The American Bankers Association announced the winners of the third annual ABA Bank Marketing Video Awards recently during the Bank Marketing Conference in Baltimore. The Bank of Elk River was one of four banks honored at the conference and took home the Best in Show award for its video spotlighting how a local family collaborated with The Bank of Elk River to build their dream home. The video was also the winner in the category for banks with less than $500 million in assets. This national award...
Governor Tim Walz, Live

Monday, January 28, 2019

Building #OneMinnesota starts with listening, and we traveled to every corner of the state to hear what you are looking for in our Administration. Today, we are excited and proud to announce the first of our commissioners who will help us build the future of Minnesota. Department of Administration: Alice Roberts-Davis Department of Transportation: Margaret Anderson Kelliher Housing Finance Agency: Jennifer Leimaile Ho Metropolitan Council: Nora Slawik Department of Management and Budget: Myron Frans Watch Governor Tim Walz, live.
City of Elk River Economic Development
13065 Orono Parkway | Elk River, MN  55330
phone 763.635.1000