Minnsights Blog

The success of Minnesota’s economy, both now and in the future, is intrinsically linked to Minnesota’s immigrant communities. As innovators, business owners, workers, taxpayers, consumers, neighbors and connectors to other countries and cultures around the world, immigrants provide considerable benefits to our economy and our state. This report analyzes immigrants’ contributions to Minnesota through many lenses, with a specific focus on entrepreneurship, impact on regional economies and contributions to key state industries.

Among the key characteristics of Minnesota’s economy are its industrial diversity and large number of homegrown enterprises, i.e. businesses that start, succeed and grow in the state. Fueling these characteristics are high-quality native-born and immigrant entrepreneurs and workers. The rate of entrepreneurship—whether native-born or immigrant—is modest relative to other states, but their businesses survive at a rate that’s among the highest. Workforce participation rates by native-born and immigrant Minnesotans alike are also high-ranking.

Find your community on this list, and apply for valuable resources to keep your company operating. If you don’t see your community on this list, email mail@mnchamber.com, and Grow Minnesota! staff will get back to you with details about your area.

The Minnesota Chamber announced Wednesday, March 10, new opportunities for businesses to grow and receive economic development and assistance through its Grow Minnesota!® program. For more than 15 years, this program has offered one-on-one assistance to businesses who want to stay and grow throughout the state. 

As the number of positive cases decline, hospital capacity increases and more Minnesotans are vaccinated, it is time for a transparent plan to reopen our economy that Minnesota businesses, their employees and customers can rely on.