By most metrics, Minneapolis is among the top cities in the Midwest to start and run a company. The region has a long history of creating and sustaining businesses. It sports the highest density of Fortune 500 companies and the highest 5-year survival rate for new businesses. VC activity is ticking up with several notable firms including Rally Ventures, Arthur Ventures, Matchstick Ventures, Bread & Butter Ventures, Groove Capital, Great North Ventures, Vensana Capital, and Brown Venture Group.
The greater Minneapolis area is even ranked as the second best startup hub in the Midwest, just trailing Chicago.