I've moved to Minneapolis a couple years ago and I've been very impressed by the startup scene. I've had a chance to attend one MinneBar (http://minnestar.org/minnebar/) and one MinneDemo (http://minnestar.org/minnedemo/) and see 30-40 startups present. Out of that number, about 5 were in solid black, 5 were easily cash-flow positive, and 5 more well on the way. Minnesota does not have the superstar startups but there are definitely a lot of solid performers.
