Minnesota Resources Page
An Innovative P3 for a Multibillion-Dollar Medical CenterLisa Clarke, Executive Director, Destination Medical Center Economic Development Agency, spoke with Area Development about the largest public-private economic initiative in Minnesota’s history, at our Women in Economic Development Consultants Forum.
Credit & Incentive Trends in Landing a Data CenterTax incentives have played a key role in differentiating potential data center facility locations.
Regional Report: Midwest Economy Buffeted by the Winds of ChangeThere have been ups and downs in the world of Midwest auto manufacturing, but the region has also shown growth in the technology, agribusiness, and logistics/distribution sectors.
Higher Ed for Hire: Providing Fuel for High-demand, High-skilled JobsLong-term university-industry partnerships, agile community college curriculums and creative government funding are providing the “secret sauce” for workforce development and a supportive pipeline for future regional industrial growth.
Minnesota Basic Business TaxesCorporate income tax, Sales and use taxes, Property tax, Research and development, Sales and use exemptions, Property tax exemptions
Minnesota Direct Financial IncentivesMinnesota's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment.
Regional Report: Industrial Diversification Helps Midwest Meet Today’s Economic ChallengesThe largely Midwest-based automotive is humming along to record sales and hauling hundreds of companies in the region along with it while technology companies have begun to warm up to the talent and work ethic that resides in America’s heartland.
Data Center Demand Emerges Throughout New Locations in North AmericaData centers are key economic drivers in markets within which they operate, and operators have looked to be more efficient with their locations, expanding into regions with more flexible utility costs, incentives packages or lower taxes.
Frontline: NIH Expands Its REACHBioresearch got a shot in the arm when the National Institutes of Health announced that three proof-of-concept hubs would join three already existing Research Evaluation and Commercialization Hubs: The Long Island Bioscience Hub, The University of Louisville and The University of Minnesota.
Infrastructure Investment: The Bridge to Economic GrowthAlthough conditions vary, much of the nation’s infrastructure is in dire need of repair and/or replacement, affecting business in general and some companies — as well as their location decisions — in particular.
Expanding the Cloud: The Top Data Center Markets in North AmericaThe data center market is seeing high demand and low price. The competitive pricing is due in part to the large number of options available, yet the industry is expected to enjoy 32 percent growth in North America by 2016, ultimately becoming a $14.8 billion market.
Regional Report: Advanced Industry Clusters Fueling Growth in the Midwest StatesEconomic growth in the Midwest was steady in 2014, thanks to solid performances by the agriculture and manufacturing sectors, especially transportation equipment. The economy also got a boost from the surging energy sector, led by oil-shale production in Ohio, which improved sales for supporting industries like sand, chemicals, and steel drill pipe made in Midwestern steel plants.
Critical Site Selection Factor #9: Low Union Profile - Unions Still a “No-Go” Factor for ManyHaving a low union profile ranked as slightly more important in Area Development’s latest Corporate Survey, up one position to #9. But in a similarly incremental sense, U.S. unions overall actually may have gained some ground over the last year.
Revolutionary Advances in Life Sciences amid Industry Disruption and UncertaintyMajor economic, social, and regulatory factors are having big impacts on the life sciences and medical device industries, representing an opportunity for innovative companies to become new leaders and gain market share.
Eastman Kodak Company Launches Kodak Pharmaceuticals in Rochester, New York and St. Paul, Minnesota