What to know about Minnesota’s small-business statistics:
- According to statistics gathered by Axios, small-business formation in Minnesota is up 31 percent since the early days of the pandemic
- Axios, citing data from Kauffman Indicators of Entrepreneurship, says Minnesota is fairly risk adverse with one of the lowest rates of entrepreneurship in the country (but with one of the highest rates of business survival)
- Something that’s sure to keep the surge alive and well — the new state budget that extends Minnesota’s $5 million angel tax credit
Alex oversees the content produced for BETA, Twin Cities Startup Week, and tech.mn. When he’s not writing or editing, there’s a good chance he’s enjoying a refreshing brew and explaining the merits of heavy metal (of which there are many).