Locations of Grow MN! partners showing the statewide impact of the program.
Say “Thank you”: Talk about the importance of thanking the business for being located in Minnesota. “ Many times when we sit down with the business owner it’s the first time anyone has thanked him/her for being located in Minnesota and it helps set the tone for the conversation.” Ask “About assistance”: More will be discussed on this topic later on in the presentation, but one of the important purposes Grow MN! has been fulfilling is the follow-up assistance that we can provide to companies across the state. Ask “About environment”: Results of the visits are pulled together at the end of our year and turned into an annual report. The results of this report are used at the state capitol to lobby on behalf of businesses and help set the priorities of the MN Chamber. Locally, we use the results at/to… (e.g. city council meetings, member meetings, etc.).
Business Expansion: ‘09 Results: 12 companies: 6 TC/6 Greater MN Done deals: 5 = 200+ jobs MN Rubber (Litchfield) Sage (Faribault) Goodrich (Burnsville) Detroit Diesel (Hibbing) Behrens (Winona) Dead: 3 = 125+ jobs Pending: 4 = 1,000+ jobs For 2, losing will cost existing jobs & HQ
Improving the Business Climate: Session Priorities Jan 2012
Grow Minnesota!…”Eyes & Ears” on the Development & Growth of Minnesota’s Economy 2011 Statewide Results January 2012
What Is Grow MN!?• Private sector economic development… …strategic links to public sector• MN Chamber sponsored• 59 local chamber partners• 3 parts to the program: – Business retention – Business assistance – Business expansion
Grow Minnesota! Visit – 3 Parts• Say, “Thank you!”• Ask, “How can we help your business?”• Ask, “How to make business environment better?”
Grow MN! 2010-2011 Results• 990 one-on-one business retention visits• 23% are revisits• 122 firms assisted, affecting 4,900 jobs… …15 expansions• BusinessConnection: – 940 on line searches completed – 50 email questions answered
Key Workers – Still in Short Supply (2010-2011 Results)
2012 Job Creation Agenda: What Do Grow MN! Visits Suggest?
Policy Recommendations Grow MN! MN ChamberPermitting – More reform needed Reform Step 3: more certainty!Health care – Can’t control cost Exchange Up & Running!Budget – More service, not $s Adopt “Outcome Based Budgeting” Effective teacher/principal evaluationsWorkforce – More wkrs, right skills Eliminate “last in, first out” re hiringEnergy – Future $$s unpredictable Cost-based electric rates