Grant

July 9 - 13, 2012

$1,295,159 in 2012 disaster relief funds to the City of Minnewaukan, North Dakota, to fund construction of a new waterline, a water distribution system, and critical infrastructure necessary to connect the existing town site to a new town site located outside the flood plain. The relocation is needed because the rising water levels on the western side of the Devils Lake Basin, which is adjacent to the city, is causing flooding and loss of water and sanitary sewer services to schools and businesses. This investment is part of $2,590,319 project that the grantee estimates will save 146 jobs.
$1 million to the Brookings Economic Development Corporation, Brookings, South Dakota, to fund construction of a technology commercialization center in the Telkamp Industrial Park in Brookings. The mixed-use facility will provide a broad range of commercialization services to small and medium-sized businesses and entrepreneurs designed to bridge the gap between university research and business development leading to job growth in the region's growing aquaculture and alternative biofuels clusters. This investment is part of a $2 million project that the grantee estimates will create 10 jobs and generate $2.825 million in private investment.