Med-tech partnership promotes Minnesota as a place to do business
Studies show that Minnesota offers many advantages for medical technology companies, but industry will need future investments in trade promotion, local workforce engagement and strong supplier networks to keep its edge in the ever-changing global field.
Enter the Minnesota Medical Manufacturing Partnership. The multi-stakeholder public-private MMMP, led by economic development group Greater MSP, was formally launched Tuesday as a means to increase Minnesota’s reputational standing among potential med-tech investors and to give local projects an advantage with 11 federal agencies that coordinate more than $1 billion in economic development assistance.
Read more at the Star Tribune.