[UPDATED] PRM Files DPA To Uncover What Minnesota Offered Amazon For HQ2

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Updated 1/19/2018: Minnesota is officially out of the running, nullifying Greater MSP’s claim of competitive secrecy.

Updated 12/9 1130 am CST: DEED has replied to PRMs request with two documents:

  1.  A document dated 12/16 signed by DEED Comissioner Shawntera Hardy indicates an initial offer of between $3-$5m of state aid, which is consistent with current statutory limits. Also mentioned are special examples of incentive packages previously authorized by the Minnesota Legislature. Positioned as possibilities these include: tax exemptions, expanded awards, and infrastructure support.  The “Unique public-private partnerships” section highlights such examples as Rochester’s Destination Medical Center and Minneapolis’ US Bank Stadium, which combined received over a billion dollars in Minnesota taxypayer funding.
  2. A cover letter for the actual proposal also dated October 16th and signed by Mark Dayton.

If the release of these two documents smells like red herring, you might be wondering: where is the actual proposal?

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Broadband Group Wants Another $35 Million In Corporate Welfare

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By Jessie Van, Berkel Star Tribune

“Minnesota spent tens of millions of dollars expanding high-speed broadband internet in recent years, but nearly $1.4 billion in public and private investment is still needed to get access to all households, according to a state task force report.”

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Searching For Minnesota’s Amazon Bid

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By Matt Ehling and Mike Kaszuba, Public Record Media

“Four months after Amazon announced plans to build a second corporate headquarters – setting off a nationwide competition – Minnesota has concealed its Amazon bid through the use of a nonprofit whose board includes representatives of many of the state’s top companies.

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DEED Gives Millions In Public Money To Private Biz For Broadband

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Via News Release

“ST. PAUL, MN – Lt. Governor Tina Smith and the Department of Employment and Economic Development (DEED) today announced the 2017 Border-to-Border Broadband Grant recipients. The grants total $26 million for 39 broadband infrastructure projects that will provide 9,973 households, 2,169 businesses, and 60 community institutions across Minnesota access to reliable, affordable high-speed internet.”

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Welfare Watch: September 2017

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Screen-Shot-2017-02-04-at-9.19.04-AM-300x239Welfare Watch is a regular column for the individuals, nonprofit and private companies in Minnesota’s tech industry that receive government (read: taxpayer) financial support—whether directly or indirectly.

This corporate welfare includes: tax incentives/abatement, grants/loans, reimbursements, subsidy, sponsorship, special favors, etc.

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Digi-Key To Add 1,000 Jobs Over Decade As Part Of Welfare Package

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Neal St. Anthony, Star Tribune

Digi-Key Electronics, the electronic-components distributor, broke ground late last week on a $200 million expansion project at its Thief River Falls, Minn., headquarters campus that it says will add “at least” 1,000 new jobs within a decade.”

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Tech Giant IBM Is Suing Minnesota For Denying $33m In Tax Credits

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Brian Bakst, MPR

“IBM is seeking more than $33 million from the state of Minnesota over research tax credits the company says it was due.  In a lawsuit filed Wednesday against the Minnesota Department of Revenue, the New York-based technology giant contends that it qualified for more research tax credits than it was granted for a span of a few years.”

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EXCLUSIVE: Q&A w/ Five Star Economic Czar M Langlaard III In A Bid To Build Amazon HQ2 On The Mississippi River

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By Banrep Rearden

Last week, Amazon announced their intention to open a second major US headquarters (HQ2) somewhere in the country, invoking some good ol’ fashioned Minnesota bribery. 

The void of any specifics since then surrounding who was there or what exactly was offered to Amazon by There Is No Crony Capital Club of Minnesota has sent much of local media into a frenzy of useless speculation to create the illusion of journalism.

We do know State Five Star Economic Czar M Langlaard III organized an emergency meeting with There Is No Crony Capital Club of Minnesota overnight, drafting and delivering an offer to Amazon by the next morning — based on some very authoritative sources.

The bid involved a new level of unity between Minneapolis and St. Paul, an offer to build HQ2 on the Mississippi River, equally benefiting both sides of the metro and creating a ceasefire of economic warfare.

Following the leak, Five Star Economic Czar M Langlaard III reached out to clarify and expand on the situation in this unedited Q&A:

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EXCLUSIVE: Minneapolis + St. Paul Unite With A Joint Bid For Amazon HQ2 In Minnesota

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By Banrep Rearden

In a rare display of camaraderie between the Twin Cities of Minneapolis and St. Paul, a joint bid has been drafted and sent to Amazon in appeal for their next headquarters to land here in Minnesota.

The development is fresh off a meeting of the minds that began yesterday afternoon and lasted into the early hours of Friday morning, according to multiple very authoritative sources.

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Minneapolis 3D Printing Startup Captures $225k NSF Grant

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Via News Release

“MINNEAPOLIS–(BUSINESS WIRE)–Chromatic 3D Materials is poised to change the world of 3D printing by inventing the next generation of printing materials that will deliver the durability required for finished manufactured goods. The startup was recently awarded a Phase I National Science Foundation (NSF) grant at the highest level, and advanced to the Minnesota Cup finals, the largest statewide startup competition in the country.”

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