Aerial view of a lake in Minnesota with green trees.
About

Why Locate in Minnesota

Minnesota is home to an extraordinary concentration of diverse Fortune 500 companies and is home to a fast-growing startup ecosystem that pulls in venture capital from investors around the world.

Minnkota service territory map just Minnesota.
Minnesota presents an array of compelling reasons for businesses to locate within its borders. Renowned for its highly educated workforce, Minnesota offers a talent pool rich in diverse skills and expertise, particularly in industries such as healthcare, finance, technology and manufacturing. The state's vibrant economy benefits from a mix of Fortune 500 companies and a thriving startup ecosystem, fostering collaboration and innovation across sectors.

Minnesota's strategic location in the heart of the Midwest provides businesses with access to key markets and transportation hubs, facilitating distribution and logistics operations. Additionally, the state's quality of life, with its abundance of recreational opportunities, cultural amenities and strong community ties, makes it an attractive destination for attracting and retaining top talent. Furthermore, Minnesota's commitment to sustainability and environmental stewardship aligns with the values of many modern businesses, offering opportunities for partnerships and responsible growth.
Person canoeing down a river in Minnesota on a sunny day.
Two people working in a factory.
Workforce
Minnesota boasts a well-educated and skilled workforce, with a high percentage of residents holding college degrees. The state has a strong job market, particularly in industries such as healthcare, technology and manufacturing.
Downtown street view of a small town on a sunny day.
Cost of Living
The cost of living in Minnesota varies depending on the area, but overall, it tends to be slightly lower than the national average. Housing costs in northwest Minnesota are reflected in affordability, especially in more rural areas.

Search