Growing prosperity in greater minnesota

GMNP honored at Progress Minnesota awards reception

 

GMNP Executive Director Dan Dorman (right) accepts the Progress Minnesota award from Steve Jahn, publisher and vice president of Finance & Commerce.

GMNP Executive Director Dan Dorman (right) accepts the Progress Minnesota award from Steve Jahn, publisher and vice president of Finance & Commerce. (Photo by Finance & Commerce)

The GMNP was among the 27 honorees of Finance & Commerce’s Progress Minnesota awards, which recognize individuals, entrepreneurs, businesses and organizations that are driving economic growth and development in innovative ways. Executive Director Dorman accepted the award on behalf of the GMNP at a reception on April 10.

Finance & Commerce, a publication that covers business in Minnesota,  recognized the unique role the GMNP plays in Minnesota and listed some of its successes for those in attendance at the reception. Continue reading

BDPI funding still in flux at Legislature

With the Senate planning to hold off on introducing its bonding bill until after the Easter/Passover break (which continues until April 22), the Business Development Public Infrastructure (BDPI) program remains in a state of flux. Some lawmakers have told the GMNP to expect around $10 million for the program in the Senate bill, but nothing is final until the bill is passed.

The House included $5 million for BDPI in a bill that uses cash to pay for capital projects. This is less than the $25 million requested by the GMNP; however, the House bill contained no BDPI funding when it was initially released. Greater Minnesota legislators successfully worked to get funding for BDPI included in the House bill. If the Senate bill includes the preferable $10 million in funding, the GMNP will be looking to those same lawmakers to step up again and solidify that higher amount in law.