Page 66 - FDI Alliance International Magazine. Spring 2021 Digital Interactive Issue

STATE OF GOVERNOR

IOWA KIM REYNOLDS

owa, its name derived from the Native American is a right to work state with a low cost of doing of research excellence and strong transportation
Ioway people who once inhabited the region, business. The state’s success may be partially because network have established Iowa as a leader in
became the 29th state in 1846. The Mississippi Iowa has a business climate that consistently ranks advanced manufacturing.
River forms its entire eastern border, and the among the best in the nation. Or, it could be the
Missouri River and a tributary, the Big Sioux, form legendary Midwestern work ethic, the abundant Home to nearly 6,800 finance and insurance
the western border, making Iowa the only state raw materials or access to markets that makes companies and a workforce of more than
with two parallel rivers defining its borders. It is companies prosper. 95,000 talented professionals, Iowa is one of
bordered by Minnesota to the north, Wisconsin the nation’s top headquarters for the finance
and Illinois east, Missouri south, Nebraska and Iowa’s much more than just a place that’s great and insurance industries.
South Dakota to the west. for growing a career – with a top-ranked quality
of life that’s as desirable as it is attainable, it’s a Iowa is the perfect place to expand, relocate or
According to U.S. News and World Report this place you and your family will be proud to call start a financial services business. Iowa leads
year, Iowa is ranked as the number-one best home for years to come. with a pro-business mindset, a progressive and
state in the nation. Iowa’s greatest opportunity responsive regulatory environment, and offers
for economic growth is to build a workforce Advanced manufacturing is Iowa’s largest industry, one of the lowest insurance premium tax rates
that’s nimble, highly skilled and filled with lifelong accounting for more than 17 percent of the in the country — one percent.
learners. Today, we are experiencing a shortage state’s total GDP. Nearly 6,000 manufacturers
of skilled workers across every region of our produce everything from food products and Established in 2015, Iowa’s Global Insurance
state and all types of industries from manufacturing medical devices to aerospace products and Accelerator (GIA) is the world’s first business
and skilled trades, to health care and information construction machinery. accelerator focused on Insurtech and has helped
technology. But through dynamic public-private numerous insurance companies from around
partnerships, we’ve implemented innovative solutions Iowa is perfectly positioned to export these products the world grow and expand.The state of Iowa
that start in our schools and continue in the around the globe, with a strong transportation is the perfect place to expand, locate or start
workplace to ensure that opportunity lives here. network with access to air, water, rail and a business. The state’s pro-business policies,
highway. In addition, Iowa’s skilled talent pool nationally recognized research centers and legendary
Iowa is a great place to do business. Manufacturing is and state-of-the-art training and research programs Midwestern work ethic give businesses with an
strong, and the financial services sector is thriving. In a at our colleges and universities offer a wealth of Iowa location a huge competitive edge. Those
state with world-renowned research institutions and workforce resources. business advantages paired with a low cost of
robust innovation, Iowa bioscience companies doing business, central location, abundant raw
are at the forefront of breakthroughs in plant, Iowa’s combination of business-friendly government materials and efficient transportation infrastructure
animal and human bioscience industries. Iowa policies and tax structure, connection to centers continue to fuel Iowa’s economy.

66. FDI ALLIANCE INTERNATIONAL