Northeast entrepreneur fund, INC.

The Small Business Administration's (SBA) 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 a completion date of September 29, 2026. This award supports the organization's operation as a Women's Business Center (WBC) delivering entrepreneurship training and technical assistance to women entrepreneurs in northern Minnesota and northwest Wisconsin. The grant funds delivery of comprehensive business development services including technical assistance in finance, management, marketing, procurement readiness, and related areas designed to support women entrepreneurs starting or expanding ventures, with particular emphasis on socially and economically disadvantaged women business owners.

As a certified Community Development Financial Institution (CDFI) and tax-exempt nonprofit headquartered in Duluth, Minnesota, Northeast Entrepreneur Fund leverages this federal funding alongside its existing service portfolio to serve underserved populations across 17 counties. The organization will maintain detailed client activity records to document the nature and variety of services provided and will be subject to standard SBA financial management and reporting requirements, including retention of financial records for three years after final report submission.