Dayton Proposes $30M to MN Investment Fund

Created: 03/01/2013 5:56 PM KSTP.com By: Jennie Olson

Gov. Mark Dayton is proposing $30 million in funding to help Minnesota businesses.

The money would go to the Minnesota Investment Fund, which gives businesses loans to help them expand and create jobs.

Friday, the Commissioner of the Minnesota Department of Employment and Economics and a few state lawmakers spoke out to support the fund. The commissioner says the state has to invest in this fund to help Minnesota compete with other states for jobs and business expansions.