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Innovation

15 Jan 2018


Minnesota is a great place for innovation

Minnesota is a great place for innovation  it’s embedded in our identity. Earlier this year, Minneapolis was named as one of the best startup cities in the Midwest.

Minnesota annually ranks among the top five states in new patents per capita and is home to leading technology businesses. DEED’s #InnovateMN campaign highlights contributions of Minnesota’s innovation economy and connects next gen entrepreneurs to available resources.

DEED programs and services – Small Business Assistance, Angel Loan Fund, Minnesota Emerging Entrepreneur Loan Program, and Research and Development Tax Credit are some programs that can help innovators and entrepreneurs achieve their business goals. Find out more

Higher education and research institutions  Are you seeking expertise? A research partner? Professional education opportunities? Higher education and research institutions across the state help drive innovation and support entrepreneurship.

Associations and trade groups  Many associations and trade groups are working to improve the state’s ecosystem for entrepreneurship and innovation.

Angel investor groups and funds  Various angel and entrepreneur associations exist to provide funding for innovative startups and entrepreneurs.

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City of Elk River Economic Development
13065 Orono Parkway | Elk River, MN  55330
phone 763.635.1000