Geographic relevance: United States and international markets.
Electronics Manufacturers in Minnesota
Minnesota has built a strong reputation as a leader in electronics manufacturing, combining its long-standing industrial base with a forward-thinking approach to innovation and precision engineering. The state is home to a wide range of electronics manufacturers that produce everything from medical device components and control systems to printed circuit boards, sensors, and industrial automation equipment. The Twin Cities—Minneapolis and Saint Paul—serve as the state’s primary hubs, hosting both major corporations and nimble specialty firms that supply critical technologies to sectors like healthcare, aerospace, defense, and consumer electronics. Minnesota’s skilled workforce, backed by a robust network of universities and technical colleges, ensures access to top engineering talent and advanced manufacturing expertise. State-level support through tax incentives and workforce development initiatives further enhances Minnesota’s appeal to electronics firms aiming to scale and innovate. With a strong focus on quality, compliance, and technology integration, electronics manufacturers in Minnesota deliver high-performance solutions that meet the demands of complex and regulated industries. For procurement leaders, engineers, and business developers, Minnesota offers a dependable and innovation-rich environment for sourcing and building next-generation electronic systems.
| Nr | Company name | Location | Employees | Turnover |
| 1 | Banner | Minneapolis, Minnesota | 5,001 – 10,000 | $1.5B |
| 2 | Turck | Plymouth, Minnesota | 1,001 – 5,000 | $423.9M |
| 3 | SkyWater Technology | Bloomington, Minnesota | 501 – 1,000 | $342.3M |
| 4 | Rayben Technologies | Saint Paul, Minnesota | 1,001 – 5,000 | $319M |
| 5 | Minco Products | Minneapolis, Minnesota | 501 – 1,000 | $253.2M |
| 6 | Smarte Carte | Saint Paul, Minnesota | 201 – 500 | $244.4M |
| 7 | The ITW EAE | Lakeville, Minnesota | 501 – 1,000 | $231.9M |
| 8 | Polar Semiconductor LLC | Bloomington, Minnesota | 501 – 1,000 | $230M |
| 9 | Advantek | Eden Prairie, Minnesota | 501 – 1,000 | $203.7M |
| 10 | Nortech | Maple Grove, Minnesota | 501 – 1,000 | $128.1M |
| 11 | Taimag | Minneapolis, Minnesota | 201 – 500 | $126.2M |
| 12 | Techspace Aero companies | Saint Paul, Minnesota | 201 – 500 | $116.7M |
| 13 | Schaffner Holding | Thief River Falls, Minnesota | 201 – 500 | $100.1M |
| 14 | All Flex Solutions | Northfield, Minnesota | 201 – 500 | $81.5M |
| 15 | Omnetics Connector | Minneapolis, Minnesota | 201 – 500 | $81.4M |
| 16 | Sheldahl | Northfield, Minnesota | 201 – 500 | $72.2M |
| 17 | Beacon EmbeddedWorks | Eden Prairie, Minnesota | 51 – 200 | $61M |
| 18 | Micro Control | Minneapolis, Minnesota | 51 – 200 | $58M |
| 19 | EI Microcircuits | Mankato, Minnesota | 201 – 500 | $46.8M |
| 20 | HEI | Victoria, Minnesota | 51 – 200 | $37.5M |
| 21 | Kato Engineering | Mankato, Minnesota | 201 – 500 | $31.3M |
| 22 | AbelConn | Maple Grove, Minnesota | 51 – 200 | $29.9M |
| 23 | Quantronic | Minneapolis, Minnesota | 51 – 200 | $26.7M |
| 24 | NVE | Eden Prairie, Minnesota | 11 – 50 | $25.7M |
| 25 | Versa Electronics | Minneapolis, Minnesota | 51 – 200 | $23.1M |
| 26 | The ADS Group | Plymouth, Minnesota | 51 – 200 | $22.8M |
| 27 | Lind Electronics | Minnetonka, Minnesota | 51 – 200 | $22.3M |
| 28 | TLC Electronics | Saint Paul, Minnesota | 51 – 200 | $21.4M |
| 29 | Water Gremlin | Saint Paul, Minnesota | 51 – 200 | $21.2M |
| 30 | Electramatic | Minneapolis, Minnesota | 51 – 200 | $20.9M |
| 31 | NRI Electronics | Anoka, Minnesota | 51 – 200 | $20.9M |
| 32 | Altron | Anoka, Minnesota | 51 – 200 | $20.5M |
| 33 | Pioneer Critical Power | Minneapolis, Minnesota | 51 – 200 | $20.4M |
| 34 | Flexible Circuit Technologies | Plymouth, Minnesota | 51 – 200 | $20.4M |
| 35 | Cima NanoTech | Saint Paul, Minnesota | 51 – 200 | $20.3M |
| 36 | Inno-Flex | Minneapolis, Minnesota | 51 – 200 | $20.1M |
| 37 | Marathon Multimedia | Faribault, Minnesota | 51 – 200 | $19.6M |
| 38 | Harman House | Minneapolis, Minnesota | 201 – 500 | $19M |
| 39 | Davis & Associates | Eagan, Minnesota | 11 – 50 | $18.3M |
| 40 | American Midwest Power | Minneapolis, Minnesota | 51 – 200 | $18.1M |
| 41 | Pro-Tech Interconnect Solutions | Chaska, Minnesota | 51 – 200 | $17.6M |
| 42 | V-TEK International | Mankato, Minnesota | 51 – 200 | $17.5M |
| 43 | Rally Cycling | Minneapolis, Minnesota | 51 – 200 | $17.2M |
| 44 | Binco | Saint Paul, Minnesota | 51 – 200 | $17.1M |
| 45 | NXP Semiconductors | Thief River Falls, Minnesota | 11 – 50 | $17M |
| 46 | Innovox | Saint Paul, Minnesota | 11 – 50 | $17M |
| 47 | Quality Circuits | Fergus Falls, Minnesota | 11 – 50 | $16.8M |
| 48 | Niron Magnetics | Minneapolis, Minnesota | 51 – 200 | $16.3M |
| 49 | Unipower | Shakopee, Minnesota | 11 – 50 | $14.4M |
| 50 | Uniglobal | Wayzata, Minnesota | 201 – 500 | $13.5M |
| 51 | Telemetry and Process Controls | Oakdale, Minnesota | 51 – 200 | $13.3M |
| 52 | Advanced Lighting Systems | Sauk Centre, Minnesota | 201 – 500 | $12.8M |
| 53 | Absolute Quality | Minneapolis, Minnesota | 51 – 200 | $11.1M |
| 54 | Mct Worldwide | Minneapolis, Minnesota | 11 – 50 | $11M |
| 55 | nVent HOFFMAN | Anoka, Minnesota | 11 – 50 | $10.9M |
| 56 | JAKERTECH – Solid State Battery | Fridley, Minnesota | 51 – 200 | $9.5M |
| 57 | RidgeRun | Princeton, Minnesota | 51 – 200 | $9.3M |
| 58 | Qterics | Plymouth, Minnesota | 51 – 200 | $9.2M |
| 59 | Infinite Graphics | Minneapolis, Minnesota | 11 – 50 | $8.8M |
| 60 | Qtech Technology | Bloomington, Minnesota | 11 – 50 | $8.5M |
| 61 | SYNOMETRIX | Eden Prairie, Minnesota | 11 – 50 | $8.3M |
| 62 | North Itasca Electric Co-operative | Bigfork, Minnesota | 11 – 50 | $8.3M |
| 63 | Depotstar | Ramsey, Minnesota | 11 – 50 | $7.4M |
| 64 | OSI Batteries | Minnetonka, Minnesota | 11 – 50 | $7.4M |
| 65 | Technomark | Minnetonka, Minnesota | 51 – 200 | $7.4M |
| 66 | JTH Lighting Alliance | Apple Valley, Minnesota | 11 – 50 | $7.2M |
| 67 | Vital Presentation Concepts | Saint Paul, Minnesota | 11 – 50 | $7.1M |
| 68 | JNH Electric | Minneapolis, Minnesota | 11 – 50 | $6.9M |
| 69 | States Manufacturing | Minneapolis, Minnesota | 11 – 50 | $6.8M |
| 70 | People’s Security | Brainerd, Minnesota | 11 – 50 | $6.6M |
| 71 | Getac Technology | Minneapolis, Minnesota | 51 – 200 | $6.6M |
| 72 | RiKO OPTO-ELECTRONICS TECHNOLOGY | Big Lake, Minnesota | 11 – 50 | $6.6M |
| 73 | SVT Associates | Eden Prairie, Minnesota | 11 – 50 | $6.5M |
| 74 | EnterTech AVL | Minneapolis, Minnesota | 11 – 50 | $6.5M |
| 75 | Quantum Controls | Chanhassen, Minnesota | 11 – 50 | $6.4M |
| 76 | Sensonix | Plymouth, Minnesota | 11 – 50 | $6.4M |
| 77 | Deep Burner | Eden Prairie, Minnesota | 11 – 50 | $6.3M |
| 78 | Emsor Electronic | Saint Martin, Minnesota | 11 – 50 | $6.3M |
| 79 | RiverStar | Winona, Minnesota | 51 – 200 | $5.9M |
| 80 | Outsource Electronics | Minneapolis, Minnesota | 11 – 50 | $5.9M |
| 81 | Infinitec | Maple Grove, Minnesota | 11 – 50 | $5.9M |
| 82 | New Wave DV | Eden Prairie, Minnesota | 51 – 200 | $5.9M |
| 83 | Vixar | Plymouth, Minnesota | 11 – 50 | $5.8M |
| 84 | Connector Supplier | Osseo, Minnesota | 11 – 50 | $5.8M |
| 85 | MediaXpress | Minneapolis, Minnesota | 11 – 50 | $5.5M |
| 86 | TC Tubes | Saint Paul, Minnesota | 1 – 10 | $5.5M |
| 87 | Trepstar.com | Inver Grove Heights, Minnesota | 1 – 10 | $5.5M |
| 88 | Backup Power Source | Slayton, Minnesota | 11 – 50 | $5.5M |
| 89 | Spirals Kinks N Coils | Minnetonka, Minnesota | 11 – 50 | $5.3M |
| 90 | Aurora Technology Group | Minneapolis, Minnesota | 11 – 50 | $5.3M |
| 91 | Matsurf Technologies | Saint Paul, Minnesota | 11 – 50 | $5.2M |
| 92 | Bel Fuse | Waseca, Minnesota | 11 – 50 | $5.2M |
| 93 | VeraTech | Minnetonka, Minnesota | 11 – 50 | $5.1M |
| 94 | Exogal | Eagan, Minnesota | 11 – 50 | $5M |
| 95 | WinTech Electronics | Le Roy, Minnesota | 11 – 50 | $5M |
| 96 | Silicon Prairie Online | Saint Paul, Minnesota | 11 – 50 | $5M |
| 97 | Magnepan | White Bear Lake, Minnesota | 11 – 50 | $5M |
| 98 | ACA Systems | Eden Prairie, Minnesota | 11 – 50 | $4.9M |
| 99 | Lynn Card | Hutchinson, Minnesota | 11 – 50 | $4.9M |
| 100 | Bsb | Hastings, Minnesota | 201 – 500 | $4.7M |
| 101 | Controls Integration | Eagan, Minnesota | 1 – 10 | $4.6M |
| 102 | Astound Video Duplication and Transfer | Grand Rapids, Minnesota | 1 – 10 | $4.6M |
| 103 | Lccsgi | Saint Paul, Minnesota | 11 – 50 | $4.6M |
| 104 | Total Energy Concepts | Baxter, Minnesota | 11 – 50 | $4.6M |
| 105 | D1 Circuit | Minneapolis, Minnesota | 11 – 50 | $4.5M |
| 106 | The Royal Notebook | Minneapolis, Minnesota | 11 – 50 | $4.5M |
| 107 | Hawkeye Services | Rochester, Minnesota | 11 – 50 | $4.5M |
| 108 | Architectural Audio Integrators | Northfield, Minnesota | 11 – 50 | $4.5M |
| 109 | TLC Precision Wafer Technology | Minneapolis, Minnesota | 11 – 50 | $4.5M |
| 110 | Audio Video Extremes | Waite Park, Minnesota | 11 – 50 | $4.4M |
| 111 | Pragmatic C Software | Minneapolis, Minnesota | 11 – 50 | $4.4M |
| 112 | Elektro Assemblies | Red Wing, Minnesota | 11 – 50 | $4.4M |
| 113 | TC Technical Sales | Chanhassen, Minnesota | 11 – 50 | $4.4M |
| 114 | Zip Scanners | Minneapolis, Minnesota | 1 – 10 | $4.4M |
| 115 | The CD-FULFILLMENT.COM | Inver Grove Heights, Minnesota | 11 – 50 | $4.3M |
| 116 | FosPower | Woodbury, Minnesota | 11 – 50 | $4.3M |
| 117 | Postscapes | Saint Paul, Minnesota | 1 – 10 | $4.3M |
| 118 | Hanna Lind | Eden Prairie, Minnesota | 11 – 50 | $4.3M |
| 119 | Walter Electronic | New Ulm, Minnesota | 11 – 50 | $4.2M |
| 120 | Syagrus Systems | Arden Hills, Minnesota | 11 – 50 | $4.2M |
| 121 | O2 Grow | Milaca, Minnesota | 1 – 10 | $4.2M |
| 122 | Best Enterprises | Oakdale, Minnesota | 11 – 50 | $4.2M |
| 123 | Matrics2 | Warba, Minnesota | 1 – 10 | $4.1M |
| 124 | Ebatco | Eden Prairie, Minnesota | 11 – 50 | $4.1M |
| 125 | Gain Technology | New Hope, Minnesota | 11 – 50 | $4.1M |
| 126 | Accelerated Innovations | Saint Paul, Minnesota | 11 – 50 | $4.1M |
| 127 | Mar Tek Electronics | Onamia, Minnesota | 11 – 50 | $4M |
| 128 | Electrical Services | Mankato, Minnesota | 11 – 50 | $4M |
| 129 | Ninja Circuits | Mankato, Minnesota | 11 – 50 | $3.9M |
| 130 | Zentrek | Northfield, Minnesota | 11 – 50 | $3.9M |
| 131 | Lelch Audio Video | Minneapolis, Minnesota | 11 – 50 | $3.9M |
| 132 | Executive Confidantes | Eagan, Minnesota | 1 – 10 | $3.9M |
| 133 | Tracense Systems | Minneapolis, Minnesota | 11 – 50 | $3.9M |
| 134 | Gems | Minneapolis, Minnesota | 11 – 50 | $3.8M |
| 135 | RiverStyks | Wayzata, Minnesota | 11 – 50 | $3.8M |
| 136 | Old-Computers | Owatonna, Minnesota | 11 – 50 | $3.8M |
| 137 | JIL | Burnsville, Minnesota | 11 – 50 | $3.8M |
| 138 | Shafer Electronics | Shafer, Minnesota | 11 – 50 | $3.8M |
| 139 | Agnitron Technology | Chanhassen, Minnesota | 11 – 50 | $3.8M |
| 140 | aOlej | Eden Prairie, Minnesota | 11 – 50 | $3.7M |
| 141 | Electronic Accessoris | Saint Paul, Minnesota | 11 – 50 | $3.7M |
| 142 | Nerve Center | Minneapolis, Minnesota | 11 – 50 | $3.7M |
| 143 | Haze Battery USA | Shakopee, Minnesota | 11 – 50 | $3.7M |
| 144 | SVZ Technologies | Eden Prairie, Minnesota | 11 – 50 | $3.7M |
| 145 | Integrated Circuit Designs | Minneapolis, Minnesota | 11 – 50 | $3.7M |
| 146 | IMSL | Minneapolis, Minnesota | 11 – 50 | $3.6M |
| 147 | Residential Technology Systems | Plymouth, Minnesota | 11 – 50 | $3.6M |
| 148 | Entertainment Designs | Minneapolis, Minnesota | 11 – 50 | $3.6M |
| 149 | Residential Technology Systems | Plymouth, Minnesota | 11 – 50 | $3.6M |
| 150 | Entertainment Designs | Minneapolis, Minnesota | 11 – 50 | $3.6M |
| 151 | Gophermods | Minneapolis, Minnesota | 11 – 50 | $3.5M |
| 152 | AgriChem | Andover, Minnesota | 11 – 50 | $3.5M |
| 153 | Cornerstone Products International | Minneapolis, Minnesota | 11 – 50 | $3.5M |
| 154 | Tramonto Circuits | Stillwater, Minnesota | 11 – 50 | $3.5M |
| 155 | DupeShop | Minneapolis, Minnesota | 11 – 50 | $3.4M |
| 156 | MFConnectivity | Minnetonka, Minnesota | 1 – 10 | $3.4M |
| 157 | Safety Controls | Mound, Minnesota | 1 – 10 | $3.4M |
| 158 | Tracking Technologies | Minneapolis, Minnesota | 11 – 50 | $3.4M |
| 159 | Diversified Companies | Spring Lake Park, Minnesota | 11 – 50 | $3.3M |
| 160 | Stan Clothier | Eden Prairie, Minnesota | 11 – 50 | $3.3M |
| 161 | ToneSpeak Guitar Speakers | Saint Paul, Minnesota | 51 – 200 | $3.2M |
| 162 | Analog Audio of Minnesota | Maple Grove, Minnesota | 11 – 50 | $3.2M |
| 163 | R&D VaporTech | Burnsville, Minnesota | 11 – 50 | $3.2M |
| 164 | ThePlantHalo | Saint Paul, Minnesota | 11 – 50 | $3.1M |
| 165 | Blustream Multicast Systems | Shakopee, Minnesota | 11 – 50 | $3.1M |
| 166 | MCD Solutions | Hibbing, Minnesota | 11 – 50 | $3.1M |
| 167 | Auscon | Austin, Minnesota | 11 – 50 | $3.1M |
| 168 | Digital Nomads | Avon, Minnesota | 11 – 50 | $3.1M |
| 169 | OK Enterprises | Mountain Lake, Minnesota | 11 – 50 | $3.1M |
| 170 | Newava Technology | Thief River Falls, Minnesota | 11 – 50 | $3M |
| 171 | Elcompo | Saint Paul, Minnesota | 11 – 50 | $3M |
| 172 | Aztec Electronics | Saint Michael, Minnesota | 11 – 50 | $3M |
| 173 | Greatapes | Minneapolis, Minnesota | 11 – 50 | $3M |
| 174 | AmpJuice | Lakeville, Minnesota | 11 – 50 | $3M |
| 175 | FGPs | Minneapolis, Minnesota | 1 – 10 | $3M |
| 176 | OSEMI | Red Wing, Minnesota | 11 – 50 | $3M |
| 177 | mXers Audio | Minneapolis, Minnesota | 11 – 50 | $3M |
| 178 | ForwardEdge ASIC | Saint Paul, Minnesota | 11 – 50 | $2.9M |
| 179 | Ussun | Eden Prairie, Minnesota | 11 – 50 | $2.9M |
| 180 | Biclite Usa | Andover, Minnesota | 1 – 10 | $2.8M |
| 181 | Digital Nebula | Saint Paul, Minnesota | 11 – 50 | $2.8M |
| 182 | Itasca Technology | Minnetonka, Minnesota | 11 – 50 | $2.8M |
| 183 | WinAVI Software | Eden Prairie, Minnesota | 11 – 50 | $2.7M |
| 184 | RGM Electronics | Minneapolis, Minnesota | 51 – 200 | $2.7M |
| 185 | Shm Next | Delft, Minnesota | 11 – 50 | $2.7M |
| 186 | Keltech Engineering | Roseville, Minnesota | 11 – 50 | $2.6M |
| 187 | Qool Jaq | Osseo, Minnesota | 11 – 50 | $2.6M |
| 188 | AA Battery | Minneapolis, Minnesota | 11 – 50 | $2.6M |
| 189 | Kurt Electronics | Minneapolis, Minnesota | 11 – 50 | $2.6M |
| 190 | RealZeal Soft | Eden Prairie, Minnesota | 11 – 50 | $2.5M |
| 191 | AIT | Saint Cloud, Minnesota | 1 – 10 | $2.5M |
| 192 | Bravas | Saint Paul, Minnesota | 11 – 50 | $2.5M |
| 193 | 402video Productions | Albert Lea, Minnesota | 11 – 50 | $2.4M |
| 194 | Customer 1st | Minnetonka, Minnesota | 11 – 50 | $2.4M |
| 195 | testmybeer.com | Groningen, Minnesota | 11 – 50 | $2.3M |
| 196 | North American Capital Markets | Minneapolis, Minnesota | 1 – 10 | $2.3M |
| 197 | RecordTogether | Minneapolis, Minnesota | 1 – 10 | $2.3M |
| 198 | Evergreen Eating Emporium | Thief River Falls, Minnesota | 1 – 10 | $2.3M |
| 199 | Pangea Electronics | Minneapolis, Minnesota | 11 – 50 | $2.3M |
| 200 | Acme Electronics | Golden Valley, Minnesota | 1 – 10 | $2.2M |
| 201 | Patriot | Becker, Minnesota | 11 – 50 | $2.2M |
| 202 | McKinley | Minneapolis, Minnesota | 1 – 10 | $2.2M |
| 203 | CirVibe | Plymouth, Minnesota | 11 – 50 | $2.2M |
| 204 | Microcontroller Tips | Brooklyn Park, Minnesota | 1 – 10 | $2.1M |
| 205 | Teem Technology | Golden Valley, Minnesota | 11 – 50 | $2.1M |
| 206 | Top Kontrol | Roseville, Minnesota | 11 – 50 | $2.1M |
| 207 | Lewis Electric | Hawley, Minnesota | 11 – 50 | $2.1M |
| 208 | Tens Accessories | Minneapolis, Minnesota | 1 – 10 | $2.1M |
| 209 | Ttek Assemblies | Barnum, Minnesota | 1 – 10 | $2.1M |
| 210 | HDI Minnesota | Fridley, Minnesota | 11 – 50 | $2.1M |
| 211 | Parka Software | Minneapolis, Minnesota | 11 – 50 | $2.1M |
| 212 | Veder Software | Groningen, Minnesota | 11 – 50 | $2M |
| 213 | Miroir USA | Bloomington, Minnesota | 11 – 50 | $2M |
| 214 | Front Row Digital | Edina, Minnesota | 11 – 50 | $2M |
| 215 | Hedtke | Maple Grove, Minnesota | 1 – 10 | $2M |
| 216 | Zhengzhou Winsen Electronics Technology | Mcintosh, Minnesota | 11 – 50 | $2M |
| 217 | Die Level Services | Shakopee, Minnesota | 1 – 10 | $2M |
| 218 | The Intelligent Kiosk | Minneapolis, Minnesota | 1 – 10 | $2M |
| 219 | Sciamble | Minneapolis, Minnesota | 1 – 10 | $1.9M |
| 220 | Fotographicart | Hopkins, Minnesota | 1 – 10 | $1.9M |
| 221 | Iverson Software | Brooklyn Park, Minnesota | 1 – 10 | $1.8M |
| 222 | Replacement UPS Battery | Waconia, Minnesota | 1 – 10 | $1.8M |
| 223 | Controlwerx | Minneapolis, Minnesota | 1 – 10 | $1.8M |
| 224 | Ptg Accessories | Minneapolis, Minnesota | 11 – 50 | $1.8M |
| 225 | Pics | Edina, Minnesota | 11 – 50 | $1.8M |
| 226 | LightOffice Technology | Hopkins, Minnesota | 1 – 10 | $1.8M |
| 227 | Cimperman Sales | Maple Grove, Minnesota | 1 – 10 | $1.7M |
| 228 | Ding Sheng Technology | North Branch, Minnesota | 1 – 10 | $1.7M |
| 229 | Protoduction | Montevideo, Minnesota | 11 – 50 | $1.7M |
| 230 | Zerust | Circle Pines, Minnesota | 11 – 50 | $1.6M |
| 231 | Control Technologies | Maple Grove, Minnesota | 1 – 10 | $1.6M |
| 232 | Pride Assembly | Hutchinson, Minnesota | 11 – 50 | $1.6M |
| 233 | Crenlo | Rochester, Minnesota | 11 – 50 | $1.6M |
| 234 | Videomakers | Minneapolis, Minnesota | 1 – 10 | $1.6M |
| 235 | NorthBuilt Software | Saint Paul, Minnesota | 11 – 50 | $1.5M |
| 236 | Tikati | Minneapolis, Minnesota | 1 – 10 | $1.5M |
| 237 | Source engineering and manufacturing | Minneapolis, Minnesota | 11 – 50 | $1.5M |
| 238 | Eckhardt Optics | White Bear Lake, Minnesota | 1 – 10 | $1.5M |
| 239 | Audio Designs | Winona, Minnesota | 1 – 10 | $1.5M |
| 240 | MRC Devices | Chaska, Minnesota | 1 – 10 | $1.5M |
| 241 | The Wire Masters | Eden Prairie, Minnesota | 1 – 10 | $1.4M |
| 242 | duratronics | Minnetonka, Minnesota | 1 – 10 | $1.4M |
| 243 | Adero | Saint Paul, Minnesota | 1 – 10 | $1.4M |
| 244 | Surfing Gecko Software | Minnetonka, Minnesota | 1 – 10 | $1.3M |
| 245 | Imagen Microsystems | Minneapolis, Minnesota | 1 – 10 | $1.3M |
| 246 | Burn | Saint Paul, Minnesota | 1 – 10 | $1.3M |
| 247 | Electronic Engineering Services | Rochester, Minnesota | 1 – 10 | $1.3M |
| 248 | Cablesnoptics.com | Rochester, Minnesota | 1 – 10 | $1.2M |
| 249 | MDT Controls | Hugo, Minnesota | 1 – 10 | $1.2M |
| 250 | Revolayer Systems | Oakdale, Minnesota | 1 – 10 | $1.2M |
| 251 | APQ Engineering | Menahga, Minnesota | 1 – 10 | $1.2M |
| 252 | Cerulean Sonar | Wayzata, Minnesota | 1 – 10 | $1.2M |
| 253 | In Home Tech Solutions | Eden Prairie, Minnesota | 1 – 10 | $1.2M |
| 254 | Timewave Technology | Saint Paul, Minnesota | 1 – 10 | $1.2M |
| 255 | Led Cribbage | Rushford, Minnesota | 1 – 10 | $1.2M |
| 256 | North American Nanotech | Burnsville, Minnesota | 1 – 10 | $1.2M |
| 257 | Serenity Sound and Cinema | Plymouth, Minnesota | 1 – 10 | $1.2M |
| 258 | Ducharme | Blooming Prairie, Minnesota | 1 – 10 | $1.2M |
| 259 | Alex Audio and Video Service | New Hope, Minnesota | 1 – 10 | $1.2M |
| 260 | Zakobe Metal Stampings | Bovey, Minnesota | 11 – 50 | $1.2M |
| 261 | Top-Vu Technology | Saint Paul, Minnesota | 1 – 10 | $1.2M |
| 262 | Smart Home Innovations & Engineering, Inc (SHINE | Rochester, Minnesota | 1 – 10 | $1.2M |
| 263 | Mage Wisdom | Merrifield, Minnesota | 1 – 10 | $1.2M |
| 264 | InCircuits | Shoreview, Minnesota | 1 – 10 | $1.2M |
| 265 | Infinite NES Lives | Alexandria, Minnesota | 1 – 10 | $1.2M |
| 266 | Zixel | Saint Paul, Minnesota | 1 – 10 | $1.2M |
| 267 | Modified Enclosures | Spring Park, Minnesota | 1 – 10 | $1.2M |
| 268 | Lite Cannon | Fridley, Minnesota | 1 – 10 | $1.2M |
| 269 | Omni-Tec | Waconia, Minnesota | 1 – 10 | $1.2M |
| 270 | Enclosures and Cases | Duluth, Minnesota | 1 – 10 | $1.2M |
| 271 | Webb Lake Software | Saint Paul, Minnesota | 1 – 10 | $1.2M |
| 272 | GO Lithium | Coleraine, Minnesota | 1 – 10 | $1.2M |
| 273 | Acoustix Audio Video | Savage, Minnesota | 1 – 10 | $1.2M |
| 274 | PowerBatt USA | Hugo, Minnesota | 1 – 10 | $1.1M |
| 275 | Northern Lights Semiconductor | Plymouth, Minnesota | 1 – 10 | $1.1M |
| 276 | Fineline Software | Excelsior, Minnesota | 1 – 10 | $1.1M |
| 277 | Minnesota Hybrid Batteries | Richfield, Minnesota | 1 – 10 | $999,000 |
| 278 | End Cap Software | Shakopee, Minnesota | 1 – 10 | $996,000 |
| 279 | Non Synchronous Energy Electronics | Minneapolis, Minnesota | 1 – 10 | $989,000 |
| 280 | Jmj Electronics | New Market, Minnesota | 1 – 10 | $985,000 |
| 281 | InLine SMT | Rushford, Minnesota | 1 – 10 | $982,000 |
| 282 | Bobbintron Electrical | Mankato, Minnesota | 1 – 10 | $978,000 |
| 283 | Marine Software | Blaine, Minnesota | 1 – 10 | $972,000 |
| 284 | Intellijoule | Lino Lakes, Minnesota | 1 – 10 | $970,000 |
| 285 | Magnum Energy | Saint Paul, Minnesota | 1 – 10 | $967,000 |
| 286 | Styx Software Systems | Minnetonka, Minnesota | 1 – 10 | $966,000 |
| 287 | MusicShifter | Northfield, Minnesota | 1 – 10 | $958,000 |
| 288 | Swallowtail Records | Minneapolis, Minnesota | 1 – 10 | $956,000 |
| 289 | Analog Action | Maple Grove, Minnesota | 1 – 10 | $956,000 |
| 290 | Solarbank1 | Red Lake Falls, Minnesota | 1 – 10 | $952,000 |
| 291 | Rhyners | Houston, Minnesota | 1 – 10 | $945,000 |
| 292 | O’Connor Consulting | Ely, Minnesota | 1 – 10 | $943,000 |
| 293 | ReliaPower | Saint Paul, Minnesota | 1 – 10 | $940,000 |
| 294 | National Creative Enterprises | Burnsville, Minnesota | 11 – 50 | $939,000 |
| 295 | Tachyon Design Automation | Minneapolis, Minnesota | 1 – 10 | $936,000 |
| 296 | Motherduck Marketing and Sales | White Bear Lake, Minnesota | 1 – 10 | $930,000 |
| 297 | Anybattery | Rosemount, Minnesota | 11 – 50 | $928,000 |
| 298 | Noiseland Industries | Minneapolis, Minnesota | 1 – 10 | $925,000 |
| 299 | Regular Berry Software | Minneapolis, Minnesota | 1 – 10 | $922,000 |
| 300 | Northstar Home Technologies | Stillwater, Minnesota | 1 – 10 | $920,000 |
| 301 | RDM Digital | New Ulm, Minnesota | 1 – 10 | $915,000 |
| 302 | Metaplast – Us | Saint Michael, Minnesota | 1 – 10 | $914,000 |
| 303 | KOMI Global Technologies | White Bear Lake, Minnesota | 1 – 10 | $905,000 |
| 304 | Virtumed | Minneapolis, Minnesota | 1 – 10 | $903,000 |
| 305 | Bullock Breakers | Annandale, Minnesota | 1 – 10 | $897,000 |
| 306 | Lotus Light | Northfield, Minnesota | 1 – 10 | $895,000 |
| 307 | Ross Design | Afton, Minnesota | 1 – 10 | $888,000 |
| 308 | Clearstone Technologies | Hopkins, Minnesota | 1 – 10 | $885,000 |
| 309 | KJ Software, Inc PROFESSIONAL | Plymouth, Minnesota | 1 – 10 | $781,000 |
| 310 | Kiwa Electronics | Kasson, Minnesota | 1 – 10 | $756,000 |
| 311 | Same Day Discs | Saint Paul, Minnesota | 1 – 10 | $699,000 |
| 312 | Agate Electric | Two Harbors, Minnesota | 1 – 10 | $655,000 |
| 313 | Breakwall Digital | Two Harbors, Minnesota | 11 – 50 | $651,000 |
| 314 | Teslagenx | Hawley, Minnesota | 1 – 10 | $610,000 |
| 315 | Blue Skunk Software Solutions | Eden Prairie, Minnesota | 1 – 10 | $446,000 |
| 316 | Sk Audio | Minneapolis, Minnesota | 1 – 10 | $421,000 |
| 317 | Jkey Circuits | Victoria, Minnesota | 1 – 10 | $421,000 |
| 318 | PDF Merger Software | Minnetonka, Minnesota | 1 – 10 | $401,000 |
| 319 | Accel Designs | Hopkins, Minnesota | 1 – 10 | $362,000 |
| 320 | Ellamp Otomotiv | Eden Prairie, Minnesota | 1 – 10 | $272,000 |
| 321 | Total Lighting | Saint Paul, Minnesota | 1 – 10 | $215,000 |
| 322 | Mosfet | Thief River Falls, Minnesota | 1 – 10 | $201,000 |
| 323 | Sonovation | Eden Prairie, Minnesota | 1 – 10 | $200,000 |
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Geographic relevance: United States and international markets.