Governor Walz Announces Record Number of Jobs Created from Public-Private Partnerships
May 8, 2025
Minnesota Governor Tim Walz today announced that state business development programs have helped create or retain a record 4,750 jobs in Minnesota this fiscal year.
Since July 1, 2024, the Department of Employment and Economic Development's (DEED) Job Creation Fund and Minnesota Investment Fund have supported 23 business expansions that will collectively create or retain nearly 4,750 jobs – the most since the programs' inception in 2004. The two programs have provided $35 million in funding, leveraging nearly $1.2 billion in outside business investment this fiscal year.