Business News & Updates
Minimum Wage Raised to $14.50 on July 1st
At smaller employers - with 100 or fewer employees - in Minneapolis, the minimum wage went up on July 1, 2023 to $14.50.
Buildings Upgrade Prize Sign-On Letter
The Lake Street Council, in partnership with several other Twin Cities organizations, is currently applying for a grant from the US Department of Energy called the Buildings Upgrade Prize.
If awarded, this grant would put us on the path towards helping small business owners in upgrading building infrastructure and equipment that would reduce energy bills and stabilize operating costs. You can help us secure this funding by signing on to a letter of support.
New Nicollet Redevelopment Survey - Phase II, Part 1
Complete a survey by 4:00 pm on August 4, to provide input on Part 1 of Phase II of the New Nicollet Redevelopment.
mspWellness Champion
Is your organization committed to improving the lives of employees and fostering a culture of health and wellness? Apply to become an mspWellness Champion!
Cooperative Feasibility Class
This free class is designed for groups who have an idea for a business cooperative.
B Line - East Lake Construction 2023
Overview of construction on East Lake Street this summer including installation of new stations for the B Line, a Bus Rapid Transit line and at 4-to-3 conversion.
2023 Minnesota Legislative Summary
The Minnesota legislative session wrapped up last Monday with a historic set of new policies and record-breaking funding allocations, including millions of dollars to support businesses and nonprofits in the Lake Street corridor. We applaud Representative Hodan Hassan and Senator Zaynab Mohamed for their leadership in advocating for our resilient community.
Green Zone Funding RFP
The City of Minneapolis Health Department is seeking proposals for the 2023 Green Zones Initiative with a total of $50,000 dedicated to supporting community projects in the Northside Green Zone or Southside Green Zone. Applications are due Monday, May 22 nd by 4pm!
Urgent Action Needed: Ask the Minnesota Legislature to fund redevelopment along Lake Street
The Minnesota legislature has negotiated a funding package that will likely be voted on TODAY, Friday, May 12th, by the Jobs and Labor Conference Committee. The omnibus SF3035/HF3028 bill would make a historic investment of over $100 million toward economic development for small businesses in the Twin Cities metropolitan area.
Lake Street 2023 Art Drop Toolkit
Lake Street Council is hosting a series of art drops this summer. This toolkit is designed to help businesses and nonprofits invite their customers and community to join.