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2023 Snapshot: Business Investment <br />GREATER MSP and state, county, city work together <br />to support companies creating more good jobs & <br />making high-impact capital investment in Ramsey <br />County. <br />Business Investment platform work includes: <br />•Deal support (e.g., site identification, incentives <br />applications) <br />•Customized data (e.g., workforce, employer lists) <br />•Sector-based deal development (e.g., CHIPS deal <br />portfolio) <br />•Global business development (e.g., trade shows, <br />meeting with site selectors) <br />7 <br />Minnesota CHIPS Coalition <br />(Semiconductor Industry) <br />2023 Regional Deal Pipeline <br />•59 active projects (36 new project starts in 2023) <br />•Industries with active projects in the region, such as: <br />Aerospace / defense <br />Semiconductor / microelectronics <br />Bio (manufacturing, R&D) <br />Datacenters <br />Global Footprint <br />•2 int’l deals visit MSP (Netherlands & Japan) <br />•Host delegation from Finland (food/decarbonization) <br />•Japan: Midwest trip to Tokyo <br />•Australia: Governor's Trade Mission <br />•8+ manufacturing facility expansions <br />•1,000+ new jobs & $1.6B+ capital investment <br />•Hosted visit with Federal Commerce Secretary and <br />Senator Klobuchar <br />•Competing for federal CHIPS Act funding