Page 48 - FDI Alliance International Magazine. Winter 2020 Digital Interactive Issue.
P. 48

GOVERNOR                                  WELCOME TO

                    KIM REYNOLDS                                          IOWA










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



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