Do Business in Minnesota
Star of the North
In Minnesota, we build what matters. We are a state of problem-solvers, innovators, and legacy-makers. Plus, the state’s strong foundation of workforce talent, innovation, infrastructure, and technology fuels business success and growth. Learn why you should do business in the Star of the North.
Explore Minnesota For Your Business Needs
HOW MINNESOTA RANKS
Business climate. Workforce. Innovation. Infrastructure. Quality of life. Minnesota consistently ranks high for the factors important to success.
Sources: Bureau of Labor Statistics/MN DEED, WalletHub, WalletHub, U.S. News & World Report, MN DEED, CNBC, CNBC, U.S. Patent and Trademark Office, MN DEED
* Business survival represents the percentage of businesses that last at least five years
** Ranking represents business taxes as a percentage of domestic Gross State Product
A STATE OF POSSIBILITY
Seventeen Fortune 500 companies are headquartered in Minnesota, along with thousands of small, medium, and large businesses that drive the state, country and world economies.
“Minnesota's vibrancy, innovation and community-mindedness is exactly why Land O'Lakes, and so many other Fortune 500 companies, are proud to call the Land of 10,000 Lakes home."
— Beth Ford, CEO, Land O’Lakes
WHY MINNESOTA FOR BUSINESS
In Minnesota, businesses have a legacy of building things that last while changing the global economy for the better. Whether a company is opening its doors for the first time or a long-standing business is expanding, business leaders agree that Minnesota is the Star of the North.
KEY INDUSTRIES
From advanced manufacturing to life sciences, Minnesota is home to businesses as diverse as our workforce. Learn more about the key industries defining Minnesota’s economy today.
"Minnesota’s strength lies in the ingenuity, hard work, and determination of our workers and entrepreneurs.
We aren’t afraid to pursue big ideas and build things that change the world."
— Commissioner Matt Varilek, Minnesota Department of Employment and Economic Development (MN DEED)
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