You know what sets our community apart, at least from an economic development standpoint? Partnership. When a new business comes to town to inquire about locating here, the right people make themselves available to share what it’s like doing business in Greater Mankato. Our cities, utilities, educational partners, resource providers, and most importantly our businesses work together to tell a consistent message: “You can be successful here.” Continue reading “The Partner Posse”
A few months ago, a representative from the Minneapolis Federal Reserve Bank visited Greater Mankato and met with several business and community leaders on the state of the community. The result is a great community profile that was just published in their fedgazette. The article, titled District Spotlight: Mankato finds its big-city legs highlights how we’ve emerged as a top regional center in the upper Midwest and is worth a read and share to your colleges. Thanks to those who met with the Federal Reserve Representative and to all of you for making our community great! Keep the momentum going!
The City of Mankato is seeking citizens to serve on the Planning Commission. This is an excellent opportunity for a member of our business community to get involved in the community. You can learn more about this position and how to apply by reviewing the press release from the city below. Feel free to contact Patrick Baker at GMG with any questions. Continue reading “Serve on Mankato’s Planning Commission”
From 2014-2015 the number of Twitter users grew by 50 million, and it’s estimated that close to 1/5 of Internet users have Twitter accounts. The average Twitter user follows five businesses so if you’re not trying to reach your customers on Twitter you’re missing an opportunity.
Twitter is easy enough to understand, just share something 140 characters or less. You can share links, images or videos. Here are a few other tips for businesses just starting out on Twitter: Continue reading “4 Beginning Twitter Tips for Business”
The U.S. Census Bureau has released the 2014 County Business Patterns (CBP) statistics on Thursday, April 21, 2016. CBP covers more than 7.5 million U.S. business establishments, and provides employment and payroll data at subnational levels by industry.
In the Greater Mankato area, Blue Earth and Nicollet Counties, there are 2,573 establishments (businesses). This is 12 more than the year before.
Blue Earth ranked 12th in the State in annual payroll with $1,228,666,000. Nicollet was 30th with $472,813,000 in annual payroll. As a region, payroll increased by $61,333,000 or 3.74% over the last year.
When looking at it by industry sector, I compiled the following table for the Greater Mankato area: Continue reading “Just Released: County Business Patterns”
JIM: Hey, John. Just got a note from a woman wanting to know how we could get Bed, Bath & Beyond to the area. This reminds me of the other requests that we get Trader Joe’s and Costco to come to town. While there’s a lot we can offer, those kind of decisions rest with corporations themselves using metrics that – in some cases – keep us out of the hunt. Continue reading “New Retail Business”
We at Greater Mankato Growth (GMG) can sometimes look pretty mysterious. What does GMG do? It doesn’t hold property, make anything or have a profit stream. Just what is it anyway? Continue reading “Pulling back the curtain”
Every day we all have the opportunity to read a variety of articles, media, perspectives, etc. Much of it we likely take in quickly and move on, some of it perhaps even impacting our thinking. BUT, sometimes we read something that stops us…beckons us to return to it, re-read it, causes us to reflect…and may even serve as some type of productive inspiration for us going forward.
One of the talented professionals with whom I am blessed to work, Megan Flanagan (our Director of the City Center Partnership), shared this short article from The Atlantic Magazine, Eleven Signs a City Will Succeed by James Fallows.
This is a list we definitely want to do well on, and unlike many other lists, the metrics of this one are clear and tell us exactly what we can do as a community to do better. I’m inspired by this list of eleven signs; probably because as someone who has spent a great deal of time working in community, the list makes sense to me. And if I’m being honest, I also probably like it because as Trudie Gustafson (our EVP) said, “We have many of the signs!!!”
Take a few minutes to read the article…and let me know what you think.
In January, Greater Mankato Growth (GMG) hosted a real estate meeting for area partners such as developers, commercial realtors and financial institutions. GMG brought in the Minnesota Commercial Association of Realtors Executive Director, Matt Anfang. We were fortunate to have Jon Holm and Chris Allen from Xceligent join us as well. Continue reading “Real Estate Movers and Shakers”
Congress is ending 2015 by passing a flurry of legislation that will have substantial impacts on businesses and individuals alike. Included is the first long-term transportation bill in a decade, a major education reform bill, a tax bill that extends numerous tax breaks, and a spending bill that will fund the government over the next year. Here are key highlights: Continue reading “Congress Experiences Christmas Miracle: Passes Major Legislation to End the Year”