Minneapolis-St. Paul Considers Future as Retail Tech Hub
Go Midwest, young man. Tech accelerators in the Twin Cities are drawing retail innovation startups toward the center of the country. There, young firms can find incubators and angel investors — thanks to the area’s generous share of Fortune 500 companies — and a legacy of entrepreneurship and smart investment. But local corporate culture remains somewhat risk-averse, and a key program offering tax breaks for new tech startups was axed this year, presenting twin challenges to keeping the Midwestern metro’s momentum going.