Minnesota State Wire

[ST. PAUL, MN] – Governor Tim Walz and Lieutenant Governor Peggy Flanagan announced that Minnesota is a top-fivestate for businesses, according to a recent CNBC study. Minnesota’s ranking is based on 86 key indicators in 10 categories of competitiveness, including workforce, infrastructure, economy, health, and business friendliness.

“Businesses are at the heart of our communities, our workforce, and our state’s economy. They drive our economic growth, culture, and innovation,”said Governor Walz. “ From investing in broadband and our highway system to child care and job training, we will continue working hard to make Minnesota the best state to own a business.”

“Nearly half of Minnesota’s workforce is employed by a small business, and this ranking speaks to our strong support of workers and business owners,” said Lieutenant Governor Flanagan. “Minnesotans work best when we work together to provide solutions and support for entrepreneurs and workers alike. Just as small business owners and employees work hard every day to better our state, we will continue to make Minnesota work better for them.”

This ranking comes as the Governor and Lieutenant Governor recently announced state and federal investments to expand broadband access and as Governor Walz recently signed the state’s largest-ever infrastructure bill, which will create good-paying jobs, invest in infrastructure, and bring long-term benefits to communities across the state. Last week, Governor Walz visited a microchip manufacturing company in Bloomington to highlight investments Minnesota made in Minnesota’s high-tech manufacturing industry, including a $250 million investment in expanding Minnesota’s microchip industry that took effect July 1.

Original source can be found here.