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Author: Minnesota Business

Minnesota’s Food Sector Braces for Potentially Historic Wheat Shortfall

Expansive wheat field with a dirt path running along the right side and scattered trees in the distance
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Minnesota’s food and agriculture companies are preparing for another year of tight wheat supplies as the U.S. hard […]

June 18, 2026 Agribusiness, Commodities, Food, Logistics

Bemidji ICE Operation Reflects Broader Outstate Reach

Factory interior with machinery, safety helmets, and gloves organized on shelves
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A two‑day Immigration and Customs Enforcement operation in Bemidji last week has renewed attention on how federal immigration […]

June 16, 2026 Agribusiness, Bemidji, Construction, Economy, Manufacturing

LongWater Closes $262.5M SBIC Fund, Positions for More Midwest Activity

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LongWater, a Midwestern investment firm, has successfully closed its first SBIC fund at $262.5 million, exceeding expectations. This fund focuses on financing lower middle-market companies, enhancing access to flexible capital solutions. With growing investor interest and eight capital deployments, LongWater aims to expand its support in the Midwest, including Minnesota.

June 15, 2026 Banking and Finance, Fargo

$194M Plaza Upgrade Advances CentraCare’s Growth Strategy

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St. Cloud-based CentraCare is preparing to open a major expansion of its Plaza campus in that city on […]

June 10, 2026 Health Care, St. Cloud

Local Investors Fuel $10M Raise for New Beef‑Tech Ecosystem

Cow in pasture wearing GPS tracking collar transmitting data to satellite
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Fargo-based 701x has closed an oversubscribed $10 million Series B, backed entirely by individual investors from Minnesota, North […]

June 4, 2026 Agribusiness, Fargo, Private Equity, Technology

Drive-Thru-Only Coffee Franchise Accelerates Expansion in Minnesota

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Brew 4 You, the fast‑growing 7 Brew Coffee franchisee driving the brand’s Upper Midwest expansion, has secured a […]

June 4, 2026 Commercial Real Estate, Franchise, Retail, Rochester

Minnesota’s First Non‑Tribal Seed‑to‑Sale Cannabis Business Opens

Cannabis plants growing indoors in pots under hanging grow lights with ventilation system
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Minnesota’s first non‑tribal, non‑medical seed‑to‑sale recreational cannabis business is now operating with the launch of Smith Farms North […]

May 29, 2026 Agribusiness, Brainerd, Cannabis, Entrepreneurism

St. Cloud Receiving $6.4 M in State Funding for Redevelopment Projects

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The State of Minnesota’s $1.2 billion capital investment bill approved this week includes $6.4 million to help St. […]

May 22, 2026 Redevelopment, St. Cloud

DEED Awards $43M to Support Major Business Expansions Across Minnesota

Aerial view of Minneapolis skyline with Mississippi River and historic bridges at sunset
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The Minnesota Department of Employment and Economic Development (DEED) is directing nearly $43 million toward five large projects […]

May 19, 2026 Biotech, Economic Development, Economy, Manufacturing, Maple Grove, Ramsy County, Shakopee, Washington County

Two Developments Highlight Momentum and Limits in Minnesota’s Cannabis Sector

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Minnesota’s cannabis industry saw two notable developments within the last week, one clarifying how cities must handle license […]

May 19, 2026 Cannabis

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