Saturday, November 24, 2007

MN Governor unveils economic development strategy

BROWNSDALE - Gov. Tim Pawlenty picked the perfect place to announce a new program to stimulate rural economic development Monday: Akkerman Manufacturing Inc.

The initiative - Strategic Entrepreneurial Economic Development (SEED) - is designed to help strengthen communities and expand the small business base throughout Minnesota.

“Investing in small business will bring lasting value and economic growth to our entire state and especially rural communities that need it most,” Pawlenty said. “Companies with fewer than 100 employees account for 97 percent of the state's businesses and generate most new jobs.”

“SEED will help new business, existing companies and rural communities by providing a wide variety of economic development tools that can be matched to each situation,” Pawlenty said. More here.

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