As you may have seen in news reports here and here, Blue Earth County Commissioners are considering passing a new .5% sales tax to fund transportation projects in the county. Now is the time for businesses and the community to weigh in with their thoughts on this proposed tax. Below you’ll find neutral information about the tax and why it is being considered along with various options for how you can weigh in with Commissioners on this issue. Read More
Are you a new or existing businesses in Greater Minnesota? Will you be adding at least three new jobs? Do you need to provide training to those new employees? If so, then you’ll want to consider applying for a state grant from the new Job Training Incentive Program administered by the Minnesota Department of Employment and Economic Development (DEED). The program provides grants of up to $100,000 that eligible businesses can use to train workers in new jobs.
Mankato was recently identified by SmartAsset.com as the most debt savvy location in the country. A debt savvy location means people there have high credit scores, low average personal loan debt, low credit utilization and low mortgage foreclosure rates.
For a moment take a step back in time with me to understand why harvest is such an exciting time of year. Not back in time when you remember being on your ancestors farm or the nostalgic red barn period. I am talking about back to the beginning of this year’s crop cycle. Read More
Last week the Bureau of Economic Analysis released the 2014 Gross Domestic Product (GDP) figures for Metropolitan Statistical Areas (MSAs). GDP is the value of all the goods and services produced in a certain area. The Mankato-North Mankato MSA, comprised of Blue Earth and Nicollet Counties, 2014 GDP was $4,570,000. Read More
There are still seats available for the October 8th luncheon event with Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis, hosted by Greater Mankato Growth. With all of the buzz surrounding the Federal Reserve and whether it will raise interest rates, you won’t want to miss this truly unique event to interact with one of the nation’s most influential economic policy makers. Read More
In a recently released report from IBM, we are facing a transitional period for development that relies less on brick and mortar and labor and more on interconnectivity, agility and development of different skills.
Spawned by businesses, politicians and academics, the new industrial revolution will move from using IT and electronics to automate manufacturing into developing cyber-physical systems. loosely defined as using electronics to manage mechanical systems. It develops a Smart Factory where machines talk to one another. It can predict failures and perform preventative maintenance functions. It also can standardize manufacturing from machine to machine in faster timelines. In other words, we move from plug and play to plug and produce. Read More
Community leaders knew when we formed Greater Mankato Growth, Inc. in 2007 we were certainly taking a more unique approach to regional, community based business development. But I’m not sure we realized the name we selected would be viewed as far reaching, future positioning and trend setting as it appears to be. We are delighted Christina Green chose to call us out and place us on the list in her current blog post “Chamber of Commerce”: What’s in a Title…thanks for the kudo’s! Read her full post: http://frankjkenny.com/chamber-of-commerce-whats-in-a-title/
Yesterday I had the pleasure of introducing a national site selector around the Greater Mankato community. The day was part of the Minnesota Marketing Partnership’s Fam Tour event. Ten site selectors from across the country came to Minnesota to learn more about our development opportunities and the business climate. Read More