DEED Awards $500,000 For Job Creation in Austin

As Minnesota’s battle to defeat COVID-19 continues, our equitable economic recovery is a top priority of Governor Tim Walz, Lt. Governor Peggy Flanagan, and our team here at the Minnesota Department of Employment and Economic Development (DEED). This pandemic has had a devastating effect on so many of our state’s...Continue Reading

St. Paul – The Minnesota Department of Employment and Economic Development (DEED) announced that Nu-Tek BioSciences will open their first manufacturing facility in Austin. The expansion is expected to create 35 high quality jobs within the next two years. DEED is assisting the expansion with a loan of up to $325,000...Continue Reading

The COVID-19 pandemic has created a paradox in Minnesota’s economy. While hundreds of thousands of Minnesotans are unemployed, there are thousands of businesses across the state who are struggling to hire. For example, we’ve lost 60,000 jobs in hospitality in the last year, but there are 120,000 job vacancies across...Continue Reading