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Minneapolis approves $200,000 in Grow North funding
Business

Minneapolis approves $200,000 in Grow North funding

[caption id="attachment_20331" align="alignleft"]minneapolis skylinethedmna.org[/caption]On Friday, April 25, the Minneapolis City of Council approved $200,000 in Grow North funding and a Tax Increment Financing package of $451,500 to support the DC Group’s expansion in North Minneapolis. The DC Group plans to renovate and expand its facility located at 1977 West River Road, Minneapolis. DC Group, a 2013 “Best in Business” award recipient from the Minneapolis Regional Chamber of Commerce, is the first recipient of Grow North program funding. The City investments are expected to assist in bringing 33 new jobs to North Minneapolis with 15 of the jobs targeted to local Northside residents. Minneapolis has set a goal of attracting 1,000 new jobs to North Minneapolis in the next five years.

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