Minnesota Business Stories
Hear from real Minnesota business leaders about why they choose to grow their businesses in Minnesota, and why employees find Minnesota a top place to live and work.
Healthcare Development:
Destination Medical Center and
Mayo Clinic Business Development
For Destination Medical Center President, Patrick Seeb, Minnesota has “access to talent, ideas, and capital like no other state of its size.”
Minnesota also ranks highly for five-year business survival rate. So, for entrepreneurs, the state offers prime opportunity not only to launch but also grow and thrive. That's because the state complements investments with collaborative networks to support innovative startups and bold entrepreneurs.
Hear from Seeb and Mayo Clinic’s Chief Business Development Officer, Jim Rodgers, to explore Minnesota’s startup healthcare ecosystem and why Minnesota is the Star of the North for new businesses.
Healthcare:
Microbiologics
For Microbiologics CEO, Kristen Knox, there’s no place in the world she’d rather do business than Minnesota, thanks primarily to the state's healthcare infrastructure. The state is home to the country's top-rated hospital, largest health insurer, and an ecosystem of public, private, and non-profit partners focused on passionate collaboration and innovation for the greater good.
The state's easy access to top talent and major research universities helps Microbiologics achieve its mission of “empowering life sciences to advance a safe and healthier world.”
Hear from Knox and her Microbiologics colleagues about why Minnesota has been regularly ranked the #1 state for health care in the U.S. and is a top state for business.
High-Tech Manufacturing:
Polar Semiconductor
In 2024, Bloomington-based Polar Semiconductor announced a $525 million investment to expand its manufacturing operations in Minnesota. As part of that investment, the company received a one-time $75 million investment from the State of Minnesota and $120 million from the U.S. Chips and Science Act.
Hear from the company’s leadership team and employees about why the company is choosing to expand in Minnesota.
Manufacturing:
Rosenbauer
Minnesota’s manufacturing sector is the backbone of the state’s economy, representing 13% of the state’s GDP and more than $22 billion in manufactured exports annually (2023). For manufacturers like Austria-based Rosenbauer, the world’s largest producer of custom fire trucks worldwide, to be effective, they need access to talent.
Fortunately, Minnesota is home to one of the country’s most talented workforces. It comes from years of investments by public and private sector leaders in education and training that have produced strong talent for a diverse economy.
Hear from employees and leadership about how Rosenbauer is working with the State of Minnesota on workforce development and growing its talent pipeline.
Explore Stories from Newcomers to Minnesota
There’s a reason people move to Minnesota for a job, thinking they’ll come for a couple of years, and end up staying for decades. Minnesota’s quality of life is unmatched. Hear from real newcomers about why they came and chose to live and work in the Star of the North.
