What we offer
We continuously work on building bridges between Sweden and the Upper Midwest. Here are some of the services we provide to help you accelerate your business.
Starting your business or launching a product or service in a new market can be both time-consuming and difficult in many ways. Through the events and networking connections that are facilitated by SACC Minnesota, you can be assured that you will develop the connections you need to take your business to the level. The Business Services listed here are aimed at facilitating these processes.
When entering a new market it is useful to have advisors that are familiar with the specific market dynamics, law, financial practices, etc. to help you solve your specific needs. SACC Minnesota is connected to a number of firms that have expertise in international business. Please contact us for more information, recommendations and resources.
SACC Trainee Program
The SACC Trainee Program is designed to engage students or young professionals in ongoing work at SACC and SACC’s member companies.
The program is developed to give our members an opportunity to invite highly skilled interns/trainees to work at a member company for up to 18 months. The member company will benefit from work completed by the intern and the interns will develop essential skills and gain experience from the work. SACC Minnesota, in collaboration with SACC USA handle the application process and the VISA process for the intern to enter the US.
Venturing into a new market means establishing new business relations; whether it is with clients, suppliers, distributors or business partners. We arrange business meetings and referrals to companies in Sweden and throughout the United States, introducing you to the people that you need to know.
In line with our commitment to engage in trade between Sweden and the Upper Midwest Region, we arrange presentations, panel discussions and networking events on current topics. Please visit our Events Calendar for information about past and upcoming events in Minnesota. It is also useful to visit SACC USA for events organized throughout the United States.
Presentations and Seminars
These events usually take the form of company presentations and/or workshops which members of SACC Minnesota and guests are invited to attend.
The events may be held at venues provided by SACC Minnesota co-organizers; varying from company offices to restaurants and hotels in and around Minnesota. Examples include Business Mixers, Luncheons, First-Tuesday events, special topic seminars and more.
No business venture is better than the information on which it is based. Whether you need data about current trends, competition, distribution channels and/or trade regulations etc, the connections made through SACC Minnesota can help you find what you are looking for.
The Swedish American Chamber of Commerce in Minnesota has access to contacts in Sweden that can help expand your markets. Sweden has a position as one of the top investment destinations in the world. While interests are spread over many sectors, life sciences, IT/telecommunications, automotive, forestry, and service sectors are among the most crucial.
Sweden, located in the north of Europe by the Baltic Sea, is the third largest country by size in Europe. The population however, is only about 9 million people, leaving the inhabitants a magnificent and undestroyed landscape. The capital, Stockholm has been the dominant trading center throughout the years but Gothenburg and Malmo are also important business centers.
Scandinavia's largest economy
Why Invest in Sweden? Sweden offers a business friendly climate with a long tradition of industrial and technical cutting-edge knowledge. As the largest economy in Scandinavia and with a location at the crossroads of the emerging Baltic markets and the EU, Sweden is strategically well placed for companies wishing to expand their business in this area. This, in combination with the business friendly Swedish environment, has led an increasing number of well-known companies to establish regional headquarters in Sweden.
- Advantages of the Swedish tax system includes: unrestricted deductibility of interest expense regardless of tax liability on investment, no Swedish tax-liability on outbound interest payments, no debt/equity limitations, no foreign exchange controls, dividend participation exemption and an efficient and accessible tax administration.
- As a member of the EU, Sweden has access to the world's largest free trade zone of almost 500 million consumers.
- An excellent knowledge of English as well as numerous other foreign languages are found within the highly educated workforce. Sweden also has one of the most advanced and widespread Information Technology knowledge in Europe.
Water, wood, ore and mental power are the major natural resources of Sweden. Historically, the Swedish exports have been based on raw materials and energy from the mountains, the forests and the waterways. This, in combination with the tradition of inventions, innovations and entrepreneurship has made Sweden a famous and well-respected trading partner throughout the world.
Today, Sweden is a world leader in state-of-the-art technology. Mechanical engineering products represent almost half of Swedish exports. Machinery, electronics and motor vehicles make up the main categories while forest products, chemicals and pharmaceuticals, and minerals represent another large part.
Swedish companies and products are global and known all over the world within different fields. This list represents some of the major companies established in Sweden.
- Saab Aviation
- AstraZeneca and PharmaciaUpJohn
- Tetra Pak
- Atlas Copco
Business, Economy, Wealth, Health, Culture, Nature and Happiness all mirrors Minnesota as a state. Explore the warm business climate, the legacy of innovation, creativity and success and the lakes, shimmering skies and skylines.
Top state for business
Education is at the very heart of Minnesota’s success and the state take great care to protect and nurture the educational system that is crucial to the quality of the workforce and future. As a top-ranked place for people with a bachelor’s degree or higher, Minnesota is listed among the Top States for Business 2009, ranking sixth, according to a CNBC report that assessed cost of doing business, workforce, transportation, business friendliness, economy and cost of living.
Minnesota has an exceptional base of talent and expertise in several key industries and sectors such as Biosciences, Manufacturing, Clean Technology and Renewable Energy, Wind Power, Solar Energy, Financial and Insurance Services, Health Care Services and Call Centers.
21 Fortune 500 companies
The state is home to 21 Fortune 500 companies, including 20 in the metro. In 2008, thirty-three of the United States' top 1,000 publicly traded companies (by revenue) were headquartered in Minnesota, including Prominent companies such as are headquartered in the state:
- United Health Group
- General Mills
- U.S Bancorp
- Land O’ Lakes
- Best Buy
- Carlson Companies
Minnesota is a global competitor that exports to nearly 200 countries. From food products to medical breakthroughs to technological sensations, Minnesota companies have given the world many life-saving, life-improving, and life-changing innovations. The innovativeness originates from the heavy emphasis the companies and educational institutions place on research and development.
The state is on the cutting edge of the green revolution when it comes to transportation, communications and energy infrastructure.
Strong pro-business policies, Competitive tax rates, Favorable workers’ compensation costs, Lower operating expenses, R&D tax credits and streamlined regulatory processes. These are just a few of the tremendous competitive advantages.