Minnesota Economic Development

Minnesota’s economy is highly diverse and vibrant. The state is home to 5.5 million people, the world renowned Mayo Clinic in Rochester, as well as 18 Fortune 500 companies, including General Mills, 3M, Target, Medtronic, Best Buy, US Bancorp and Land O’ Lakes. Minnesota not only offers a rich quality of life, but is also abound in economic growth with major industry sectors in bioscience, health-care services, advanced manufacturing, financial services, clean energy and data centers. The state is a hub of innovation that includes the University of Minnesota, which offers more than 300 interdisciplinary research centers, institutes and programs.

Learn why 18 Fortune 500 companies including General Mills, 3M, Target, Medtronic, Best Buy, US Bancorp and Land O’ Lakes make their home in Minnesota in this digital edition of Minnesota: Thriving in the North magazine.


Minnesota Office of Employment and Economic Development