Minnesota lands back in top 10 of tech-business rankings

Minnesota last found itself in the top 10 in 2004. The study has been conducted every two years since 2002.

October 28, 2016 at 12:52AM
The Minneapolis Grain Exchange, was abandoned when the Exchange went electronic in 2008. The grand trading floor was vacant for three years until coco located there. coco is a business incubator for tech-oriented businesses. The grand space was renovated to accommodate start-up businesses and entrepreneurs Richard.Sennott@startribune.com Richard Sennott/Star Tribune. Minneapolis , Minn. Thursday 12/22/11) ** (cq)
Minnesota is again in the top 10 of a national ranking of tech business performance. (Evan Ramstad — DML - Star Tribune/The Minnesota Star Tribune)

Minnesota has crept back into the top 10 of a national ranking of states by tech and science business prowess after a 12-year absence.

The Milken Institute ranked Minnesota seventh in its State Technology and Science Index 2016, released Tuesday, thanks to the state's strong tech workforce and strong investment in human capital.

Minnesota last found itself in the top 10 in 2004. The study has been conducted every two years since 2002.

The index measures 107 indicators. Minnesota's strongest were the average SAT scores of high school students, the percentage of graduate students in science and engineering programs and the number of computer and information scientists per 100,000 civilian workers.

Computer scientists and software developers have been in steadily rising demand in Minnesota as the state's largest companies lean more heavily into technology. The state has added 21,300 professional, scientific and technical jobs over the past five years, representing 11 percent of all new Minnesota jobs over that period.

The Milken Institute bills its index as "a benchmark for states to assess their science and technology capabilities as well as the broader ecosystem that contributes to job and wealth creation."

Massachusetts ranked first in the index, followed by Colorado, Maryland, California, Washington, Connecticut, Minnesota and Utah.

Gov. Mark Dayton, in a statement reacting to the ranking, said it is "a testament to the investments we have made in education and job training, and to the exceptional leadership of the science and technology businesses who train and employ thousands of people across our state."

Adam Belz • 612-673-4405 Twitter: @adambelz

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Adam Belz

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Adam Belz was the agriculture reporter for the Star Tribune.

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