Minneapolis Saint Paul Regional Economic Development Partnership
Feb 25, 2016
Minneapolis Saint Paul Regional Economic Development Partnership
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THE GREATER MSP REGION
$200 billion in GMP
13 county MSA
More than 3 million residents
44th largest global economy
MISSION
Accelerate job growth and capital investment
in the Greater MSP Region
Private and public projects
$8 Billion
Our region is leading the country in Construction starts
6
0% .5% 1.5% 2.0% 2.5%1.0%
Source: McGraw-Hill, and Citi Research, 9/21/12
Greater MSP leads the country in almost all types
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0% 1.0% 2.0% 3.0% 4.0%
Source: McGraw-Hill, and Citi Research, 9/21/12
MSP Export Initiative
GOALA total increase of 100,000 jobs
in
2012 2016
100,000 New Jobs
25% Marginof Excellence
margin of excellence
2013
23,700 Total New Jobs
>Corporate headquarters
>Creative services >Professional services >Data centers
> R&D centers> Software/ IT> Advanced
manufacturing
> Energy/renewables
Regional areas of strength
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Innovation & Technology Headquarters
& Business Services
> Financial advisory
> Banking> Insurance
>Bio tech>Healthcare Providers>Healthcare Payers and IT>Medical devices
> Food Processors> Food Production
>Agrichemicals>Seed
production
Financial Services
& Insurance Health & Life
Sciences
Food & Agribusiness
Regional momentum is building
• Great regional cooperation
• Capital Investment is up
• On track to add 100,000 jobs by 2106
• The region must make century decisions to ensure we continue to Prosper.