When choosing where to do business, cost is a major consideration. Calculating it requires weighing many factors – from tax rates and utilities to labor costs and other expenses.
CNBC named Minnesota America’s Top State for Business, but expressed some surprise that Minnesota made it to the top of their rankings despite a reputation for being “a high-tax, high-wage, union-friendly state.”
Minnesota is gaining a reputation as a place where entrepreneurs can get the startup funding they need. For instance, a recent CNET article called Minnesota a “Silicon Prairie” where tech startups can have an easier time getting funding than in Silicon Valley.Read More...
DEED’s Angel Tax Credit Program offers a financial boost to businesses owned by women, but that funding will end Oct. 1.
There is a remaining $3.7 million in Angel Tax credits (as of Aug. 24) for businesses owned by women or minorities, or based in Greater Minnesota. After Oct. 1, any remaining tax credits not allocated to these designated groups will be made available to others.Read More...
Gov. Mark Dayton and an official delegation are back in Minnesota after a week-long trade mission to Mexico. And they’ve come home very impressed with the sophisticated technology and business operations they saw.
Manufactured goods make up the lion’s share of Minnesota’s exports, but the world has a healthy appetite for the bounty of Minnesota’s farms. We’re the nation’s 3rd-largest agricultural exporter, selling $8 billion in foreign markets in 2013.Read More...
Women play key roles in agriculture in Minnesota and Mexico. And they also face unique obstacles.
That’s why Minnesota and Mexico are signing a memorandum of understanding (MOU) this week focusing on the ways women in agriculture can work together to help educate and support each other. The Women in Agriculture and Business MOU is one of five collaborations being signed during Gov. Mark Dayton’s trade mission to Mexico this week.Read More...
Gov. Mark Dayton spent the day Tuesday meeting with officials from Mexico's ministries of foreign affairs, agriculture, public education, as well as its trade and foreign investment arm.
While leading his fourth international trade mission, the governor promoted the state's exports, encouraged Mexican companies to startup and expand in Minnesota (or move existing U.S. operations here), inked cooperative agreements on agriculture and education, toured the facilities of a Minnesota-based company operating in Mexico, and met with executives of major U.S. companies operating in Mexico.
And that's just the beginning.
When a Minnesota delegation heads off to a foreign market on a governor’s trade mission, the participants can have very different motivations for going on the trip and very different things they hope to accomplish in the target market.
So, who goes – and why?