Minneapolis combines the bustle of a big city with the intimacy of neighborhood life. Big enough to attract world class theater, sports teams and businesses, yet small enough to avoid the crime and overcrowding of bigger, denser cities, this city by the Mississippi has it all.
Why? Well, start with employment. Target, 3M, United Health Group, Best Buy and Medtronic are just a few examples of the Fortune 500 companies which, along with strong local businesses, bring a low rate of unemployment and a high tax base to the area. The good public schools and many options for higher education (including the University of Minnesota) mean an educated, skilled workforce, resulting in good business in Minneapolis.
Companies from nearly every U.S. industry provide the local economy with a strong base, representing manufacturing, health care, publishing and many others. There are 27 Fortune 1000 companies in Minnesota as of 2013. Wide-reaching public facilities and investment in transportation and infrastructure have yielded a city that’s good for business.
And business is good for the city. Companies here, both big and small, have a tradition of giving back to the communities that help them succeed. Private funding and corporate philanthropy help keep Minneapolis vibrant and exciting. One example: A large portion of five major venues in Minneapolis (Central Library, Guthrie Theater, Walker Art Center, Minneapolis Institute of Art and Children’s Theater Company) were funded by the generous giving of businesses and individuals throughout the city.
LOCALLY GROWN GOODS
It might surprise you, but a lot of products you use every day were developed right here in Minnesota. The land of 10,000 lakes is also the land of 10,000 innovators!
With 19 Fortune 500 companies, Minnesota's business community thrives globally.