Current Issue: August 2011
Companies take a stand, reap benefits
As the home of the Mayo Clinic and several other world-class research facilities, the city of Rochester, Minn., wants to become the world's next great biobusiness center.
Someone once told me that all airplanes have instrument panels, but reading the dials doesn't mean that you know how to fly the plane.
Many entrepreneurial startups have folded under the weight of a recession, and young businesses selling non-essential products are the first to go. To hear a success story of a business launched during tough economic times by young professionals is rare, but Gaardhouse Productions revenue has grown by at least 20 percent every year since its founding in 2007.
I recently received an unexpected gift-a 1960s Gibson guitar that a friend played in his folk trio in the '60s, then eventually stored in a closet, untouched for the past 25 years. Deeply cracked and dusty, the guitar had seen better days. But it was rich with history and held the promise of a new future, with a little TLC.
Michelle Morey knows how to give back, and female cancer patients are the beneficiaries. Minnesota Business recently caught up with the Brooklyn Park business owner and women's health sponsor to learn more about her background and the Pay It Forward Fund for Women's Cancer.
These days, I'm traveling Minnesota with a new sidekick. He's just a couple of inches tall, runs on batteries and goes by the name "Scout." Scout is the invention of Recon Robotics. The Edina-based company has received international attention for developing a robot that helps police fight crime and it can also go to war.