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DEED Awards $69 Million for Business Expansion and Job Training
20 Oct 2025
News
The Minnesota Department of Employment and Economic Development (DEED) has awarded $69 million from the Minnesota Forward Fund (MFF) to four business expansion and job training projects. The projects are expected to directly create 215 new jobs, provide job training to more than 800 Minnesotans and leverage more than $353 million in outside investment.
"The Minnesota Forward Fund is a tool that DEED can utilize to attract businesses to launch and grow here, especially in exciting, emerging industries," said DEED Commissioner Matt Varilek. "I'm excited about these projects and their positive long-lasting economic impacts – both our expanding businesses and our workforce training partners in the semiconductor industry."
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