Minnesota foundations promote regional economic development

Sunday, June 06, 2004

A group of foundations in Minnesota, led by The McKnight Foundation and the Blandin Foundation, are promoting regional economic development.

Importantly, the foundations are working closely wiith higher education institutions in the state. The foundations provide the opportunity to align higher education resources more closely to the needs of employers. As one participant notes: "Higher education... is a critical component of regional economic development. When these institutions work closely with employers, communities and organizations like RED Group and the MIFs, we can more efficiently and effectively educate and train workers and apply research and technical assistance to economic development initiatives statewide. The fund will help foster this cooperation."

Read more here and here.

posted by Ed Morrison |

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