A New Program Aims To Connect MN Tech Startups With The Fortune 500



Via News Release

“The Twin Cities Metro Area is home to one of the nation’s greatest concentration of Fortune 500 companies per capita. We’re also hosts to a burgeoning startup scene that some are calling the Startup Capital of the North. When combined, these communities produce goods and services that impact the global economy.

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  • http://tech.mn Jeff Pesek

    “…some are calling the Startup Capital of the North”

    burgeoning yessssss…..but who is “some” and what is “the north” ?

    • Frank Jaskulke

      Jeff, have you missed the whole North thing? :) Some in the design and retail community started talking about relabeling Minnesota as part of the North instead of the midwest. Has caught in some circles – still very small. Its catching on in the arts and design scene.

      • lumpy

        isn’t the North thing just Eric and Andrew Dayton’s PR for their own “North” brand?

        • Frank Jaskulke

          though it could have been good marketing the branded products came after the conversation on rebranding the region.

  • http://twitter.com/casey__allen Casey Allen

    This is a long time coming. There have many many attempts to design something like this. Mad props to Reed and Ryan for executing. It’s not easy.

    But the payoff is huge to startups hustler enough to capitalize on it.

  • http://www.GoVugo.com James Bellefeuille

    I support the #North Movement. We are distinctly different from Chicago (The capital of the Midwest), we are about as close to Chicago as Portland is close to San Francisco. Although they are both West Coast. The concept of putting Minnesota in with the rest of the Midwest, only harms MN Startups.

    Minneapolis is the Miracle city, a city that is affordable, has access to human capital. What we need is greater access to the companies in our backyard and a diversification of investment across industries outside of agtech and medtech. If done correctly, it will help the companies that put Minnesota on the map like Target, General Mills, and others stay on the cutting edge of development and will mutually benefit both groups.

    • http://tech.mn Jeff Pesek

      Hi James, so Chicago/Illinois is not part of “The North” in your perspective? What cities/states are included in the “The North” would you say?

      • http://www.GoVugo.com James Bellefeuille

        So, I am just one man. But I think recruiting Chicago into “The North” defeats the purpose of developing the concept of the North and naturally Chicago has it’s own greater pull. I think this is the difference between renaming “The Mid-west” VS. Developing something completely new.

        I look at “The North” like the silicon prairie moniker. It certainly doesn’t include Chicago and it doesn’t include Minneapolis. The North – represents the people, culture, and ethos of those who live in the Upper Midwest. Minnesota, North Dakota primarily, perhaps Western Wisconsin and Northern Iowa.

        The North is about Culture. It’s not about geography or renaming the Midwest into something cooler. It’s about developing an identity that accurately reflects our reality, thinking, and sphere of influence.

        Visually Similar to this map: (yes, I realize that this is a football team map, but I think that outside of Western Wisconsin this is accurate to spheres of influence/culture)


    • lumpy

      How does associating with the rest of the midwest “harm” MN startups?

      I agree that Minneapolis is “different” , though. It is quite geographically isolated, even from the rest of the Midwest. It’s more like Winnipeg than it is like St. Louis or Chicago.

      • http://www.GoVugo.com James Bellefeuille

        I think that similar to how the Pacific Northwest is Portland / Seattle. North should likely be limited to Minnesota. North Dakota, and Western Wisconsin.

        In my opinion it harms MN startups because we are lumped in and competing with investment dollars in Chicago without having a local presence there. We should take pride in our otherness and geographic isolation. We should develop a local knowledge-base, infrastructure, and relationships to develop businesses that start in Minnesota and stay in Minnesota to create jobs, develop talent, and build innovative companies outside of the agtech/medtech industries.