WBC - MN - northeast entrepreneur fund INC (BRAINERD)

The federal Cooperative Agreement award of $150,000 from the Small Business Administration's (SBA) Women's Business Ownership Assistance program (CFDA 59.043) was granted to Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund) on September 30, 2024. This 12-month award supports Entrepreneur Fund, a certified Community Development Financial Institution (CDFI), in delivering comprehensive entrepreneurial development services tailored to women-owned small businesses across northern Minnesota and northwest Wisconsin. The funding will enable Entrepreneur Fund to provide training, counseling, technical assistance, and access to capital resources to help remove discriminatory barriers and foster the growth of women-owned enterprises, with a particular emphasis on socially and economically disadvantaged women entrepreneurs. As a sub-grantee, Entrepreneur Fund has also partnered with entities like the City of Duluth, Saint Louis County, and Local Initiatives Support Corporation to extend its services, including providing technical assistance to low-to-moderate income small businesses, administering recovery grants, and supporting neighborhood business development initiatives.