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DEED awards nearly $2 million in grant funding in Minnesota

The grants are to address the economic dislocation associated with the closing of local electric generating plants.  Written By: Prairie Business | × Hyunah Kang/iStock The Minnesota Department of Employment and Economic Development (DEED) awarded $1.94 million in grants to five communities across Minnesota to address the economic dislocation associated with the closing of local electric generating plants. DEED’s Community Energy Transition Grants Program awarded the funding, which will provide a range of economic assistance for eligible communities, including projects that increase a community’s lost property tax base and that create alternative economic development strategies to plan for financial challenges and to attract new employers to the community.

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