Business Bridge

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The Itasca Project is pleased to announce the 2nd Minnesota Supplier Showcase as part of the continuing Business Bridge initiatives.

Background
The Itasca Job Growth Task Force initiated the "Business Bridge" concept to more effectively facilitate purchasing connections between the region's small and growing companies to larger, more established organizations.  Small business leaders told the Task Force that a significant challenge they face is gaining access to large companies. Securing a large company as a client can have a tremendous impact on the trajectory of a company by establishing a stable revenue stream and credibility for investors and other clients.  One of Minnesota's greatest assets is its substantial number of leading companies. However, the Task Force also heard that despite their interest in finding innovative and differentiated solutions from companies based in this market, sourcing departments at large companies face significant challenges in sorting through potential suppliers to find the most innovative, responsive suppliers capable of meeting the needs of leading companies.  In 2011, the Itasca Project piloted the Supplier Showcase featuring emerging local companies in information technology and services as a first step to bring both sides together in a way that helps make the right connections with the right individuals.

The Minnesota Supplier Showcase
The Supplier Showcase will convene suppliers and sourcing departments on a periodic basis to feature notable suppliers who have demonstrated the ability to serve large companies.  Each Showcase will focus on a few specific categories and will be an exciting opportunity for our large corporate participants to get exposure to the best small and innovative companies.  Our hope is that participating large companies will seek out those local suppliers for their business needs.

Project Leadership
The concept for a "business bridge" between our region's large and small companies was developed by the Itasca Project Job Growth, led by:
Marilyn Carlson Nelson, Chairman, Carlson Companies
Ken Powell, Chairman and CEO, General Mills
Chris OConnell, Executive Vice President and Group President, Medtronic
Michael Gorman, Managing Director, Split Rock Partners

The Supply Chain Executive Council is collectively supporting the growth of local businesses, and therefore economic prosperity, through guidance and oversight of the Business Bridge initiative.

The Supply Chain Executive Council includes senior supply chain executives from Andersen Corporation, Cargill, Carlson Companies, General Mills, HealthPartners, Medtronic, Pentair, Target, UnitedHealth Group, US Bancorp and Xcel Energy .



June 18, 2012 Minnesota Supplier Showcase

The Itasca Project hosted the 2nd Minnesota Supplier Showcase on June 18.  The invitation-only event convened over 125 marketing and sourcing professionals from leading Twin Cities companies and government agencies to introduce them to nine innovative marketing and sales suppliers selected as Showcase Finalists. Learn more about the event and the nine finalists here.

Date: Monday,  June 18th 2012 at Medtronic CRDM Headquaters (8200 Coral Sea Street Northeast, Mounds View, MN 55112)
   
Agenda: 2:30 3:00 Meet and Greet
3:00 5:00 Program
    
     Welcome from Itasca Project leadership (Chris O'Connell, EVP and Group President, Medtronic)
     Community Impact (Michael Langley, CEO, GREATER MSP)
     Showcase Overview (Mark Addicks, SVP and CMO, General Mills)
     Presentations from winning companies
     Closing comments (Michael Gorman, Managing Directory, Split Rock Partners)

5:00 6:00 Supplier booth displays with time to share contact information, Q&A
   
Attendees: Marketing and Sourcing decision makers from leading Twin Cities companies, Governments and the Twin Cities area Entrepreneurial Ecosystem will hear presentations from a select group of winners chosen from innovative, world-class local suppliers.
 
Benefits:
  • Connect with the "best of the best" local suppliers, recommended by peer organizations
  • Rapid identification of leading edge local companies
  • Exposure to talent and creative potential
  • Tremendous positive impact on the success and growth of entrepreneurial companies, leading to enhanced Job growth in the region
  • Good citizenship - public awareness
  For more information contact:

Dave Johnson david.matthew.johnson.slp@medtronic.com

Beth Kessler beth_kessler@mckinsey.com