Resources for business
8 Jan 2018
There are many challenges associated with starting or expanding a business, from finding adequate financing to attracting skilled workers. Thankfully, Minnesota has great resources for businesses.
The Minnesota Department of Employment and Economic Development (DEED) can help mitigate some of the typical risks. DEED can assist businesses with obtaining tax credits, help offset worker training costs, provide general guidance on financing options and more.
Companies bringing in good jobs may qualify for special financing programs. Assistance programs also exist for companies that employ veterans or for minority-owned businesses.
Find out more about how DEED is helping businesses overcome growth challenges.
Receive a 50 percent cash match on your intern's wages – up to $2500 through SciTechsperience SciTechsperience is a free, statewide, state-funded internship program that connects small for-profit Minnesota businesses with talented college STEM (science, technology, engineering and math) students. Participating companies receive a wage reimbursement of 50...
Partnering for growthJan 1 2018
Growing a region’s economy is a monumental feat. It requires participation and investment from an array of entities and individuals, from public and private organizations to citizens and business leaders. Elk River’s close proximity to the Twin Cities metro area creates a natural partnership with the Minneapolis St. Paul...
Preserving historic structuresDec 25 2017
Elk River’s water tower is nearly a century old. The structure on Jackson Street near downtown was named to the National Register of Historic Places in 2012. Constructed in 1920, the water tower’s purpose was to protect businesses from fire because several previous fires had damaged the business district...