Project Grant SBAHQ25W0010

Award Date 9/30/25

Completion Date 9/29/26

Dollars Obligated $150K

Federal Agency

Office of Entrepreneurial Development

Awardee

Northeast Entrepreneur Fund, Inc. (XX8MXJNE8KK7)

Federal Grant Program

59.043

Assistance Type

Project Grant

Place of Performance

Duluth, MN, USA

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Federal Project Grant Award Summary

The Office of Entrepreneurial Development awarded Northeast Entrepreneur Fund, Inc. a $150,000 Project Grant under the Women's Business Ownership Assistance program (CFDA 59.043) on September 30, 2025, with completion scheduled for September 29, 2026. As a certified Community Development Financial Institution (CDFI) and tax-exempt nonprofit organization headquartered in Duluth, Minnesota, Northeast Entrepreneur Fund will deliver comprehensive entrepreneurial development services to women entrepreneurs across 17 counties in northern Minnesota and northwest Wisconsin. The organization will provide technical assistance and business development services including business planning assistance, financial literacy education, strategic planning, risk assessment, capacity building, and technical training to support women entrepreneurs in starting and expanding their businesses, with particular emphasis on serving socially and economically disadvantaged women business owners.

Northeast Entrepreneur Fund's award aligns with the national Women's Business Centers network model, which operates across the United States and territories to provide training, counseling, and business development services to women entrepreneurs. The organization's extensive history of federal grant awards and demonstrated expertise across multiple Small Business Administration and U.S. Department of Agriculture grant programs positions it to effectively execute this project and contribute to the broader mission of advancing women's business ownership and economic development in underserved rural and northern communities.

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