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Small Businesses

Northwest Minnesota Foundation pushes more than $780,000 into the region in first quarter of FY24

More than $780,000 was loaned or granted out into the region from July through September through the Northwest Minnesota Foundation.

$1.1M in grants awarded to Northwest Minnesota businesses to support revitalization

Twenty-one businesses in Mahnomen, Waubun, Richwood, East Grand Forks, and Bemidji have received a combined $1.1 million in funding to support economic revitalization in their communities.

NMF Board visits the Lake of the Woods Distilling Company!

The Northwest Minnesota Foundation Board of Directors met in-person last Friday, May 19th, at the Lake of the Woods Distilling Company in Baudette.

Garrett Larson named SBA’s Minnesota Young Entrepreneur of the Year

Garrett Larson, the owner of Ronnings stores in Baudette, Roseau, Thief River Falls, and International Falls, has been named the 2023 SBA Minnesota Young Entrepreneur of the Year.

Moving right along

“Never stop learning.” This was how Jake Sobieck explained his experience in running – and growing – his Bemidji-based small business, Blue Ox Moving Company.

Daniel Barrientez Jr.

Offering a Fresh Start: Bemidji man aims to start food truck to offer felon-friendly employment

SBDC Success Story: Stellher Human Services

From cash-flow management to profit-sharing: How one business found stability in partnership with the Northwest SBDC

‘Rise of the Resilient’ Equips Business Owners

A lot of business owners ask themselves these questions or make these statements but a recent three-part business workshop titled Rise of the Resilient aimed help business owners learn how to cope with stress and move their businesses forward.

‘The opportunities here are important’

Evolving requirements and shrinking targeted geographic zones provide challenges to providing low-interest CDFI lending – but the potential for impact is limitless.

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