The Edina Housing and Redevelopment Authority on Nov. 17 unanimously approved a loan agreement with the Edina Chamber of Commerce for up to $800,000 for the new location of the Edina Innovation Lab, a business development center. The Edina Innovation Lab began as a pilot program in July with its first cohort of nine

"2022 is the Edina Chamber of Commerce’s 50th anniversary, and it was supposed to be a year of celebrations: the biggest gala yet, special events, and cheering a new accelerator program aimed to help emerging businesses. COVID-19 changed all that. When the pandemic shut everything down in 2020, the Chamber lost more than 50 of its 410 members as businesses scrambled to cut costs to survive. All the fundraisers and special events were either canceled or went virtual. President Lori Syverson said the...

Research has identified 5 areas of improvement for companies that have stalled on their way to the middle market.