Minnesota Minerals 21st Century Fund Program
Purpose
This program makes loans or equity investments in mineral processing facilities including, but not limited to, taconite processing, direct reduction processing, and steel production.
Customers and Services
Customers are businesses located in—or to be located in—Minnesota that assist in making Minnesota's mineral industry globally competitive.
Measures - Reporting period is state fiscal year (SFY), July 1 - June 30
|
|
SFY 2007
|
SFY 2008
|
SFY 2009
|
|
Dollars awarded
|
0
|
$11.5M
|
$27.65M
|
|
Number of projects
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0
|
2
|
5
|
Funding Source and Expenditure (in thousands)
|
|
SFY 2007
|
SFY 2008
|
SFY 2009
|
|
Special Revenue Fund
|
$10
|
$11,584
|
$23,121
|
Statutory Authority
-- Minn. Stat., Chap. 116J.423
Contact Information
Bob Isaacson, Director
Phone: 651.259.7458 or toll-free: 800.657.3858; TTY: 651.296.3900
This information current as of January 2010.