1. GREATER MSP INVEST. GROW. PROSPER REGIONAL ECONOMIC DEVELOPMENT STRATEGY

2. 2 THE GREATER MSP REGION $200 billion in GMP 13 county MSA More than 3 million residents 44 th largest global economy

3. WHERE DID WE COME FROM? April 2010 Job Growth Task Force Report Charting A New Course: Restoring Job Growth In the Minneapolis-St. Paul Region 3

4. MINNEAPOLIS SAINT PAUL REGION JOB GROWTH HAS FALLEN AND REMAINS BEHIND THE NATIONAL AVERAGE AND THAT OF OUR PEER REGIONS Peer Regions GREATER MSP Region 3-year moving average difference between MSP or Peer group and the U.S. using the given year and the previous two years for all historical data and projections. Using total non-farm payroll data. Peer MSAs are defined as Seattle, Sacramento, Columbus, Austin, Raleigh-Durham, Denver, and Chicago 4

5. TWIN CITIES REGION HAS DROPPED IN BUSINESS RANKINGS 2003 rank 2009 rank Raleigh 12 Sacramento 15 Austin 59 Denver89 Columbus 10 Seattle13 Chicago 14 MSP 99 10 117 1 55 108 17 148 123 Milken Best-Performing Cities 2 Forbes Best Places for Business and Careers 1 2003 rank 2009 rank Austin81 Raleigh-Durham13 MSP7620 Columbus3824 Denver1434 Sacramento11936 Seattle1789 Chicago71100 5

6. INTERVIEWS CONFIRM THE NECESSITY TO CREATE A FULLY COORDINATED, REGIONAL ECONOMIC DEVELOPMENT PROGRAM Site Selection Consultants say... You probably have lost a significant amount of corporate prospects due to a lack of a regional agency. The Twin Cities stands out in this country like a sore thumb for not having a regional program. Local Business Leaders say... When Iowa wants to steal somebody, it’s easy. They get their governor on the phone and have the coordinated resources to do whatever it takes. We don’t have that. There isn’t one common voice (public or private) that speaks to job creation or owns it. Minnesota gets dominated by almost every other state because we have no one hit team, one organization, in economic development. Nothing’s coordinated, it’s a mess... I can’t even remember the last time the Twin Cities was on the radar. 6

7. GREATER MSP MISSION Accelerate job growth and capital investment in the region through: Leading regional economic strategy development and aligning with regional partners to target key industry sectors for growth Branding and marketing our regions to key audiences Serving as the region’s “one stop shop” for job retention, expansion and recruitment. 7

8. GREATER MSP STRATEGY FOR RETENTION, EXPANSION AND ATTRACTION 8 Broadly promote regional assets & industry concentrations (Businesses Prosper Here) (Open for Business) “ One stop shop” for all industries & functions Outreach efforts to priority industries ( Prioritized ROI) Targeted Outreach GREATER MSP Coordination MSP Regional Value Proposition

9. KEY INDUSTRY/BUSINESS SECTORS Innovation and Technology Headquarters and Business Services ▪ Food processers ▪ Food production ▪ Corporate headquarters ▪ Creative services ▪ Professional services ▪ Data centers ▪ R&D centers ▪ Software/ IT ▪ Advanced manufacturing ▪ Energy/ renewables ▪ Financial advisory ▪ Banking ▪ Insurance ▪ Bio tech ▪ Healthcare Providers ▪ Healthcare Payers and IT ▪ Medical devices ▪ Agrichemicals ▪ Seed production Financial Services and Insurance Health and Life Sciences Food and Agribusiness 9

10. GLOBAL OUTREACH TO TARGET MARKETS Business Decision Makers Talented Workers Tourists & Visitors Residents

11. BUSINESS AND PEOPLE PROSPER IN GREATER MSP REGIONAL BRAND PLATFORM

15. WE ARE SETTING A BOLD COURSE 1)Return our rate of job growth to be above national average 2) Job growth to meet or exceed peer competitor regions 3) Provide significant ROI for investors 15

16. CHANGE JOB GROWTH TRAJECTORY 2000 20022004 2006 2008 2016 0.2 -0.5 % Difference between Twin Cities employment growth and U.S. employment growth

17. A TOTAL INCREASE OF 100,000 NEW JOBS 2012 2016 100,000 new jobs Margin of excellence Projected regional job growth 25% Margin of Excellence

18. 18 PROVIDE SIGNIFICANT ROI

19. WHO IS GREATER MSP? Investors Board of Directors Staff Partner Advisory Council Economic development practitioners Executive Committee Governance

20. Doug Baker, Ecolab, Inc. Ken Powell, General Mills, Inc. Richard Davis, US Bancorp David MacLennan, Cargill, Inc. Michael Langley, CEO, Greater MSP GREATER MSP BOARD OF DIRECTORS Virginia Hubbard Morris, Hubbard Broadcasting Ben Fowke, Xcel Energy Chris Policinski, Land O’ Lakes David Mortenson, M.A. Mortenson Doug Carnival, McGrann Shea, GREATER MSP Counsel John Griffith, Target Mary Brainerd, Health Partners Russ Nelson, NTH Randy Hogan, Pentair Laura Oberst, Wells Fargo Mayor Chris Coleman Commissioner Mike Opat Commissioner Victoria Reinhardt Commissioner Joseph Harris Commissioner Rhonda Sivarajah Mayor R. T. Rybak Chair Vice ChairSecretaryTreasurer CEO 20