The Minneapolis–Saint Paul region has many of the ingredients companies look for in a strong, resilient economy.

 Global companies. World-class universities and research institutions. Highly skilled people. Extraordinary natural resources. A diverse industrial base. A quality of life that helps people build careers, families and communities. Together, those assets make the region a strong platform for companies building what comes next.

An economy built to adapt

The Greater MSP region has one of America’s most diverse regional economies. Many industries have deep roots here, including:

• Health care
• Medical technology
• Food and agriculture
• Advanced manufacturing
• Financial services
• Consumer brands
• Technology

 The region is also home to an unusually large concentration of major corporate headquarters and the talent that surrounds them. That diversity makes the economy more resilient — and creates something equally important: opportunities for ideas, technologies and talent to move across industries.

 Where industries converge

Many of the most important economic opportunities of the next decade will not fit neatly inside traditional industry categories.

Health care is becoming a data industry. Agriculture is becoming a technology industry. Manufacturing increasingly depends on semiconductors, artificial intelligence and advanced materials. The energy transition touches transportation, agriculture and industry.

For companies working across traditional industry boundaries, that convergence creates access to unusually deep expertise in one market. The same companies, researchers, entrepreneurs and institutions that built Minnesota’s leading industries are now working together in emerging areas including:

• Med & Health Tech
• Clean Tech
• Ag Tech
• Advanced and digital technologies

 A region that works together

Perhaps the region’s most distinctive advantage is not something that appears on a balance sheet. It is the ability of leaders across companies, universities, governments, foundations and communities to work together. Again and again, Minnesota has used collaboration to turn individual assets into regional advantages.

For businesses and institutions entering the market, that culture of collaboration can make it easier to find partners, build relationships and move ideas forward.

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