Skip to:

Office of the Governor Blog

RSS Feed

Categories



    view as list


    Archive


      Results Minnesota: Getting Back to Work

      Posted on December 10, 2012 at 10:10 AM

      Employment Resource Team from MN National Guard meets with soldiers in Kuwait

      Employment Resource Team from the National Guard, with the help of the Department of Employment and Economic Development (DEED), traveled to Kuwait in March 2012 in order to provide workshops and job search assistance for 1,080 soldiers from 10 different states

      Two years into his administration, Governor Dayton continues to make crucial progress towards building a Better Minnesota. Measuring that progress by the improvements Minnesotans have seen in their lives, families, communities, and economy, the Dayton Administration is taking inventory of what has been accomplished over the last two years and considering the work ahead. 

      One important measure of that progress is improving the condition of Minnesota’s economy. Governor Dayton is focused on getting Minnesotans back to work by creating opportunities for all Minnesotans. A successful economy requires strong business growth, a skilled workforce and employment opportunities for everyone.

      In the Spotlight

      Helping Minnesota veterans find employment opportunity has been a high priority for Governor Dayton. So when an employment survey of Minnesota National Guard soldiers serving in Kuwait showed that over 900 soldiers (28%) would not have a job when they returned from combat, the Dayton Administration took action. 

      Following the survey, an Employment Resource Team from the National Guard, with the help of the Department of Employment and Economic Development (DEED), traveled to Kuwait in March 2012 in order to provide workshops and job search assistance for 1,080 soldiers from 10 different states. Those efforts delivered results for hundreds of military families who may otherwise have faced the prolonged challenges of unemployment.

      Of the 2,700 Minnesota soldiers returning from Kuwait last spring, only 78 are still unemployed – a 90% improvement in only four months.

      Delivering Results

      • Helping Entrepreneurs Start Businesses – Allocated $35 million in angel investment tax credits, helping 300 small businesses start, expand and grow.

      • Saving Minnesota Businesses and Job – Helped 60 small businesses affected by the economic downturn restructure or obtain new capital in the amount of $17.7 million, saving more than 675 Minnesota Jobs.

      • Developing Small Businesses – Provided technical assistance to 2,783 small business clients who established 143 new small businesses, gained more than $100 million in capital, and created and retained 3,375 jobs.

      • Provide Reliable Electricity – Supported the approval of 745 miles of new transmission lines that will increase electric grid reliability, build outlet capacity for renewable energy systems, and create hundreds of new jobs.

      • Helping Businesses Access Capital – Provided $1.2 million in loans to 30 small businesses. Began a $15 million Small Business Credit Initiative. Encouraged lender to make stands more business friendly.

      • Weatherizing Homes – Retrofitted 20,000 low-income households for energy efficiency and cost savings. The program created 500 jobs and produced annual energy savings averaging $400 per household served.

      • Supporting Economic Development in North Minneapolis – Provided $200,000 in grant funding to increase small business services in one of the economically hardest-it neighborhoods in the state. Six new businesses were established and 22 businesses were stabilized.

      • Supporting Minority-Owned Small Businesses – Established an Emerging Entrepreneurs fund to help small businesses owned by women, minorities, and others in economically distressed areas.

      • Bringing Thousands of Jobs to Northeastern Minnesota – Helped local businesses and communities on the Iron Range create 1,375 permanent and 1,675 construction jobs.

      • Promoting Minnesota Grown Products and Businesses – Expanded the “Minnesota Grown Directory” by 12%, which now includes 945 farmers and farmer’s markets, receiving over 450,000 unique online visits.