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 minneapolissaint 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 minneapolissaint 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, 2022 was a year of productivity, innovation and success. Thanks to the work of our Partnership, not just our staff, but the entire coalition, we executed 49 projects across the enterprise in pursuit of our mission to advance inclusive Economic growth and the region's global competitiveness. Over 550 leaders from across the region participated actively in this work. Below are just some highlights across our platforms and initiatives.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 11 projects that resulted in 1,464 jobs. In addition, the region benefited from over $173 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 the 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 2022, Greater MSP continued to develop a variety of tools and vehicles to brand and market the Greater MSP region.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 2022, make it. MSP. : - connected approximately 25,000 visitors to refreshed makeitmsp.org learning about living and working in the MSP region - engaged 1,000 interns across 25 companies at the discover MSP event - launched a new MSP cultural amenities guide, MSP transforming portal and new recruiter tools highlighting local organization across MSP - executed an MSP talent forum with 20+ partners and 75+ attendees and built a new guide to creating and expanding internship programs in MSP - hosted 25 twin cities startup week fly-in participants through marketing efforts reaching tech professionals and entrepreneurs across the country 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 2022, forge north: - launched the first venture capital fund in mn focused on race, place and gender: MSP equity fund - built version 2.0 of MSP startup compass to align resources more effectively for msp-based entrepreneurs - trained 246 prospective angel investors at angel fest events for local startup investors; part of u.s. eda awarded campaign - published first enterprise playbook and corresponding enterprise pledge for use at 50+ corporations across the MSP region 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 2022, mbold: - launched the first project to address an industrial-scale circular economy for plastic film in north america - launched the second bold growth cohort, including advisor commitments from 10 leading Minnesota companies - raised $2 million for carbon credits project and pilot program launchconnextmspconnextmsp 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 2022, connextmsp: - launched the apprentice network, a new solution for launching young adults of color into great careers - grew the connextmsp network by adding over 800 profiles - engaged over 1,000 attendees at events throughout the yearregional 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 2022, 15 companies participated in an air passenger service demand survey. 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 2022, the itasca project: - launched a first 1000 days employer toolkit with 15+ off-the-shelf policies and case studies - hosted a first 1000 days capstone event in Partnership with the masonic institute for the developing brain with 40+ community leaders - identified and hosted 50 emerging leaders from across the state for the 2023 Minnesota young american leaders program - sent 10 emerging leaders as part of our 7th cohort to harvard business school for the national young american leaders program 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.federal funding hubthe purpose of the federal funding hub is to help local governments and their partners make the most of opportunities under the american rescue plan act (arpa) and other federal funding programs. In 2022, the federal funding hub launched the arpa tracker, the first u.s. digital hub tracking local government spending for federal recovery funds.bio innovationgreater MSP led a coalition of partners to compete in the u.s. Economic Development administration's high-profile build back better Regional challenge. We mobilized a coalition of more than 60 organizations to create a $2 billion strategy to grow the state's bio sector.