Economic development for entrepreneurs, communities
Wed, 09/29/2021 - 12:56pm
By:
Tim Penny, Southern Minnesota Initiative Foundation
At Southern Minnesota Initiative Foundation (SMIF), one of the three program areas we focus on is economic development. Since our founding in 1986, we have worked to catalyze entrepreneurial activity in our 20-county region by providing early-stage investments, traditional loans, microloans, technical assistance and mentoring of entrepreneurs. Each year SMIF invests around $2.1 million in economic development initiatives.
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