Greater MSP

Greater MSP Partnership was created a decade ago to be a shared space where leaders and organizations of all types could come together and build the economy for the benefit of the residents of this region. We are realizing this vision as a cross-sector, working Partnership that touches every corner of the 15-county minneapolis-saint Paul metro. This Partnership involves more than 4,500 individuals from over 350 leading companies, cities, counties, foundations and universities, working together to accelerate global competitiveness and inclusive Economic growth in minneapolis-saint Paul. Over 120 of these participating organizations invest financially, with dozens more investing their time and aligning their resources behind execution of the Regional strategy. Greater MSP is a large and growing working Partnership of community and business leaders and organizations from across the region. Together, we shape and execute a shared Regional Economic Development strategy focused on: job growth, startups & innovation, talent migration, racial inclusion, skills & workforce, Regional image, affordability, transportation & mobility, and new climate economy. This strategy supports us as we execute on our vision for the minneapolis-saint Paul region to lead the world in inclusive Economic growth by welcoming all, empowering talent and igniting innovation. Greater MSP has become a large and diverse ecosystem of organizations building innovative solutions, setting audacious long-term ambitions and breaking through longstanding boundaries by harnessing the power of cross-sector collaboration. Staff of the organization support the Partnership in executing this strategy by supporting platforms for business investment, MSP storytelling, and strategic initiatives that are supported by a research & intelligence department. The Greater MSP Partnership has demonstrated the capability of generating significant Economic opportunity for people in the region. Greater MSP has been building on our original scope to ensure that every member of our community can access good jobs and Economic opportunity. This emphasis on inclusive growth has powered an expansion in Greater MSP's scope, capacity and breadth of participants. A decade of data point to two chief challenges for the region: advancing racial equity and accelerating the growth of quality jobs. Greater MSP recognizes these challenges as interdependent and is committed to investing in equity as a growth solution. The vision, mission and values for the Greater MSP region and Partnership include:regional visionthe Greater MSP region leads the world in inclusive Economic growth by welcoming all, empowering talent and igniting innovation.partnership missionthe Greater MSP Partnership will accelerate Regional competitiveness and inclusive Economic growth through job creation, capital investment and the execution of strategic initiatives.partnership valuesaccountability | alignment | inclusion | innovation | transparency

Greater MSP is how leaders and organizations come together to take action and drive our economy forward. By all measures, 2023 was a year of productivity, innovation and success. Thanks to the work of our partnershipnot just our staff, but the entire coalition - we executed the Regional growth strategy with 50 projects across the enterprise. Over 800 leaders from across the region actively participated in this work. The results below are highlights among dozens. Taken as a whole, the scale and breadth of accomplishments set an all-time high for our Regional partnership.business investmentbusiness investment helps existing employers expand their operations while attracting new companies to locate, invest and create jobs in the Greater MSP region. As a result of our efforts, and working in concert with our Regional partners, we successfully completed 15 projects that resulted in 772 jobs. In addition, the region benefited from over $552 million in new capital investment in new/expanded business locations.research & intelligencegreater MSP is the Regional source of trusted, unbiased data on the Regional economy. Data, analytics and intelligence are integrated and leveraged to deliver high-value insights that drive the Development of Regional strategy, enabling the Partnership to lead globally in an increasingly complex Economic landscape. Our research and intelligence platform creates Economic data and insights, like the MSP Regional indicators dashboard, that we use to focus and prioritize. MSP storytellingour vision for the Greater MSP region is to lead the world in inclusive Economic growth by welcoming all, empowering talent and igniting innovation. As our region's residents work together to build this world-class economy and quality of life while solving some of the greatest challenges of the 21st century in food, water and health, we are proud to share their stories. In 2023, Greater MSP continued to develop a variety of tools and vehicles to brand and market the Greater MSP region; examples include a refreshed graphic identity for Greater MSP, videos for the annual next event, an investor social promotion series, monthly enewsletters and materials to support national investment conferences like bio and international trade missions to australia, japan and germany.make it. Msp.make it. MSP. Brings many of the region's largest employers together to work with community and educational partners to attract and retain professionals to the region. We have worked together to create a wealth of talent resources, with special attention to retaining professionals of color in our region. In 2023, make it. MSP. :- engaged 300 interns across 74 organizations at the week-long discover MSP event.- hosted 10 signature and virtual events for MSP interns hosted throughout discovermsp week.- gathered nearly 90 leaders from across the Greater MSP Partnership for the "winning on talent" workshop to align MSP around a comprehensive strategy to fully develop and retain the region's entire potential workforce while also attracting additional talent- moderated panels at the annual young, smart and local conference, held in new orleans to engage leaders from higher education, business, government, Economic Development and community organizations on best practices around talent attraction, growth and retention.forge northled by a growing coalition of more than 150 allies, forge north is a movement to accelerate startups and innovation across the region. In 2023, forge north:- raised capital for the first venture capital fund in Minnesota focused on race, place and gender, led by gener8tor: MSP equity fund.- grew partnerships to expand and build visibility for the MSP startup guide, a website that helps founders filter among 500+ resources and 400+ organizations to find the right fit for their startups' needs.- trained 250+ prospective angel investors through angel fest events and catalyst cohorts; part of u.s. eda awarded campaign in Partnership with groove capital.- hosted roundtables to educate and build community among 40+ entrepreneur support organizations and 40+ venture capital firms.mboldmbold is a coalition of big companies, start-ups, universities and nonprofits keeping us at the forefront of innovation in food and agriculture. Launched in 2020, mbold seeks to make our region a global hub for solving the most critical food & agriculture challenges of the 21st century, including climate change. In 2023, mbold:- advanced soil health through a 45,000-acre carbon credit project and expanding our pilot program for the cover crop "winter camelina." - embarked on Development of Minnesota as a leading hub for innovation in protein sustainability.- added new international dimensions to our work by co-leading an international alternative protein event and co-hosting delegations from the netherlands and finland.- gathered about 100 investors and partners for mbold leadership summit. Connextmspconnextmsp is working to ensure thousands more young adults of color from our region are hired into great jobs by employers in our region. Connextmsp became part of Greater MSP in 2020, and publicly launched in 2021 with the help of more than 50 coalition partners. In 2023, connextmsp:- grew connextmsp talent network platform to more than 1,500 members.- increased job creation via professional apprenticeships to more than 300 through a dozen mn apprentice network companies.- created new 'career circle' offering in connextmsp portal increasing connection between employers & early-career talent.- talent pipeline ecosystem mapping project gave us new tangible data points and insights on young, black talent in MSP.- engaged 60+ network partners and collaborated on more than 25 events in MSP increasing impact for diverse early-career job seekers.regional air services Partnership (rasp)the MSP Regional air services Partnership (rasp) was launched in 2017 by the metropolitan airports commission (mac) and Greater MSP. Rasp draws on the leadership of corporate partners and the metropolitan airports commission to expand access to domestic and global locations from MSP international airport. In 2023, rasp was able to support mac in securing direct long-haul service to frankfurt through lufthansa, a new carrier at MSP, and resumption of service to dublin by aer lingus; both to begin in 2024.itasca projectin 2022, Greater MSP successfully integrated the itasca project, an employer-led civic alliance focused on building a thriving economy and expanding prosperity for all, accelerating work on long-term issues. In 2023, the itasca project:- convened approximately 100 leaders to discuss the need for scalable housing innovations.- enabled the convening of approximately 85 leaders to discuss the need for an employer-led Regional talent strategy.- supported the allocation of over $1b in early childhood funding in state legislature.- convened ceos of 5 top medtech and healthcare organizations to create strategy that enabled medtech3.0.- highlighted for work in housing affordability and 2023 housing innovation report in 5+ news sources, including bloomberg for housing's role in MSP's lower inflation.- more than doubled our yalp/myalp applicants, particularly in private sector through individual outreach.- completed first year with itasca elc enabling clear governance structure.business bridgebusiness bridge is a coalition of large corporate buyers and Minnesota suppliers working together to maximize local job growth and wealth creation, driving inclusive Economic growth in the minneapolis-saint Paul region. Business bridge was founded by a jobs task force of the itasca project working with a group of corporate procurement executives. The Greater MSP Partnership adopted business bridge in 2022 to scale the initiative by expanding the coalition. Together, we are pursuing new ambitious goals to add corporate partners and to increase both local spending and spending with local diverse suppliers, with a particular focus on increasing contracts with bipoc-owned businesses. In 2023 business bridge:- conducted a market assessment to define immediately actionable steps for coalition members to increase corporate contracts with local and local-diverse suppliers. Over 200 business representatives participated in surveys, interviews and focus groups. - identified goods and services with significant demand and developed common criteria used by large corporations to assess supplier contract readiness. We shared this critical market intelligence with suppliers and organizations offering supplier business consulting.- hosted a supplier matchmaking event designed to facilitate meaningful connections between suppliers and corporate decision makers.

2023 breakthroughsthe Greater MSP Partnership has worked to support and assemble coalitions to use the significant new federal funding available to ignite transformational change. Greater MSP created and is leading three coalitions: Minnesota chips coalitiongreater MSP created the Minnesota chips coalition to make Minnesota a national leader in the growing domestic semiconductor and microelectronics industries. One of the top priorities for the coalition, which includes 77 cross-sector partners, is meeting the workforce needs that come with building out domestic semiconductor supply chains.to this end, the chips coalition developed an innovative employer-led workforce Partnership and plan, co-created with the governor's workforce Development board, employers, colleges and universities, training providers, and community-based organizations. Recognizing that access to childcare is a key barrier for people working within the 24-7 shifts in this industry, the chips coalition brought together employers, nonprofit childcare industry leaders, and other stakeholders to create a plan to meet the needs of working families. Minnesota sustainable aviation fuel (saf) hubin 2023, Greater MSP and delta air lines launched the Minnesota sustainable aviation fuel (saf) hub to drive the transition to low-carbon commercial jet fuel. The hub will help delta reach its global goal of replacing 10% of petroleum-based fuel by 2027 and 50% by 2035.greater MSP and other partners, including bank of america, ecolab, xcel energy, and the metropolitan airports commission, have been working to develop the hub's plans. In the near term, partners will import saf from other states and blend them with traditional fuels to serve the MSP airport. In the medium- and long-term, the hub will scale up Minnesota's production of saf using existing ethanol production infrastructure and emerging technologies. The mn saf hub and its partners have submitted several pending federal funding requests, including department of transportation fast-saf grants. Other funding is already in place: Minnesota passed a new tax credit in 2023 to incentivize the production and use of saf. This credit stacks on a federal tax credit to provide an additional $1.50 tax credit per gallon of saf produced or blended in Minnesota. Minnesota medtech 3.0 Minnesota medtech 3.0 (mmt3.0) is a cross-sector coalition built upon advancements in medical technology, including artificial intelligence, machine learning, and data science. This coalition is led by Greater MSP and includes medtronic, mayo clinic, university of Minnesota, dozens of health care providers, insurers, technology companies, investment firms, and many others.mmt3.0 received the tech hubs designation from the u.s. Economic Development administration (eda) in 2023. This designation sparked 39 coalition partners to come together in late 2023 and early 2024 to develop a $60.5 million tech hubs application to eda, submitted in february, which is pending.through the designation and application phases, mmt3.0 also continued to push for inclusive growth. The coalition developed an equity team that set up an overall framework for the coalition and designed an approach to measurement and evaluation. And building off the model developed in the chips coalition, mmt3.0 includes an employer-led workforce Partnership and plan.