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Discover Why Southeast Minnesota
Our region is home to the Mayo Clinic, the #1 Hospital in the World and a powerhouse of innovation in care, medicine, and technology. We're also so much more. We're the headquarters for three Fortune 1000 Companies - Hormel Foods, Fastenal, and Federated Mutual Insurance. We also host dozens of key facilities for other multinational companies including IBM, NextEra, Steelcase, C.H. Robinson, and Oshkosh Corporation.
Our region offers a unique blend of cutting-edge science facilities within minutes of greenfield sites; a robust agriculture sector; a workforce with as much experience in composites manufacturing as vegetable and fruit packing, in supercomputing as much as cabinet making. The area is also served by a wide variety of higher education institutions.
The State of Minnesota is investing in our region and economy with funding available through the Minnesota Investment Fund, Job Creation Fund, and Minnesota Forward Fund. You can learn more about state programs at JoinUsMN.com.
Minnesota Is On Top:
- #1 health technology cluster in the world
- #1 in the Midwest for energy efficiency
- #2 in quality of life
- #2 food products patents per capita
- #2 best state for economic opportunity
Because Minnesota:
- is a single sales factor state - we calculate taxes only on activity in state.
- has no sales tax on capital equipment.
- has no tax on business personal property.
- offers indefinite carryover of net operating losses.
- offers tax credits and grants for R&D, Job Training, and more.
*From the Explore Minnesota for Business Report from Minnesota's Department of Employment and Economic Development.


