The first business organization in Minnesota’s Chinese community, Chinese American Business Association of Minnesota (CABAM) was established, the news was announced in its first Board meeting on February 24, 2002. CABAM is a non-profit, membership organization serving the interests of the Chinese business community in Minnesota. The Association is committed to improving the economic and social status of its members and other Chinese American entrepreneurs in Minnesota.

The mission of the Chinese American Business Association of Minnesota is:

• To support and advocate the interests of CABAM members, and to contact community, state and federal agencies on behalf of Chinese American business owners in Minnesota.
• To promote and improve trade and commerce and the economic, civic and social welfare in the State of Minnesota
• To assist Minnesota businesses to access to the market opportunities in China taking advantage of China’s entrance in the WTO.
• To organize business, education, culture and social exchange programs between Minnesota and China.
  

Chinese entrepreneurship can be traced back to 1863 when the first Chinese restaurant was opened in St. Paul. Since then Chinese American owned businesses have kept developing steadily. Currently, their businesses cover broad areas from traditional industries to e-business solutions including high tech manufacturing, construction, retail & wholesale, import & export, Internet, software, advertisement, professional services, healthcare, education, hospitality service, publication, and food service. Among them are not only the companies that have successful business for decades, but also the new stars in IT industry.