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Small Business

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Jenn Ackerman/The New York Times

As national attention focused on Minnesota’s Somali community over allegations of day care fraud, business owners from the community say they’re seeing a rise in threats.

SBA loans are up over 10% this year.

More from Small Business

Serial entrepreneur and 2nd Wind founder Dick Enrico dies at 85

The Minnesota businessman left his mark on generations with the slogan: “Why buy new when slightly used will do?”
December 27, 2025
Dick Enrico

ICE crackdown chills sales at immigrant-owned businesses

Owners believe many customers are avoiding the businesses for fear of drawing unwanted scrutiny.
December 24, 2025

Sip of Silk brings coffee, community to University of Minnesota location

The new café was born when owners decided to open a third space especially welcoming to Palestinian and Salvadoran customers.
December 20, 2025

Primp Boutique, known for curated, affordable women’s clothing, closes its doors

The locally owned boutique ended its 15-year run Tuesday after a year of uncertainty as middle-income shoppers pulled back amid rising financial pressure. A truly bad Small Business Saturday was the final straw.
December 18, 2025

Minnesota’s magical, maximalist Christmas-shopping tradition

Fifty trees and thousands of handmade ornaments make for one very merry St. Paul shop.
December 16, 2025

Despite higher prices because of tariffs, holiday traffic picks up at Minnesota toy stores

The holiday season started slow, and owners say they are worried about January, but several customers say they are purposely choosing independent small retailers this year.
December 15, 2025

Twin Cities restaurants cling to holiday sales as a last chance to buoy tough year

With food prices hitting both restaurants and potential customers, diners have been cutting back, but restaurants remain hopeful.
December 5, 2025

After a few hard years, Uptown merchants say holiday season is a must-win

Independent merchants across the Twin Cities say Small Business Saturday is an important start to a critical time of year.
November 28, 2025

Minnesota startup has found a way to use lasers to reduce energy and water use by data centers

Maxwell Labs says cooling computer chip hotspots with lasers could drastically reduce energy consumption and increase computational power.
November 26, 2025

Small firms reeling after U.S. Transportation Department guts diversity subcontractor program

The Disadvantaged Business Enterprise program will no longer use race or gender as reasons to qualify. It affects over 1,300 companies in Minnesota.
November 24, 2025

In Rochester’s booming downtown, storefronts sit empty — but not for the usual reasons

The city’s rapid growth has spurred outsized property values and increasing taxes, making it too expensive for some retailers. Building owners are responding.
November 22, 2025

Pessimism sets in for Minnesota factories as many fear stagnant growth

Annual manufacturing survey finds companies are worried about increased costs from new state family leave policy, health care and tariffs.
November 6, 2025
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