Minnesota

Overview

The United States acquired the eastern part of Minnesota from the British after the Revolutionary War. The western half was later bought in the Louisiana Purchase of 1803, and the northern strip was later ceded by Britain in 1818. Minnesota didn’t become a state until 1858. The state is rich in natural resources and produces over 75% of the nation's iron ore. Its farms yield high amounts of corn, wheat, rye, and alfalfa. Minneapolis is the trade center of the Midwest and the headquarters of the world’s largest supercomputer. Tourism is a big industry in Minnesota due to abundant fishing, hunting, and water sport locations around the state. Minnesota is also well known for its politically progressive residents and has some of the highest numbers in civic participation and voter turnout in the US. The state offers a healthy environment to small business owners due to its growing economy and market in the Twin Cities.

Industry Stats

Minnesota is a great place for small businesses due to its healthy economy and community support for small businesses. The state also boasts high average incomes, which makes it a great location for small businesses selling to consumers locally.

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