Company facts
- Self-certified in SAM.gov
- Entity structure
- Other
- SAM.gov registration date
- Physical address
- 405 1st St SE, Little Falls, MN 56345, USA
- Website
- ifound.org
- Founded
- 1986
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Diversified Financials
- Capital Markets
- Fundraising
- SIC code
- 83 Social Services
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Initiative Foundation is a non-profit organization based in Little Falls, Minnesota, registered in the System for Award Management (SAM.gov) since 2006. As a foundation focused on economic development and community support, the organization primarily works to strengthen local entrepreneurial ecosystems and provide critical support to microenterprises and disadvantaged business owners. While specific details about its internal mission are not provided in the award history, the foundation appears dedicated to delivering targeted training, technical assistance, and capacity-building services to small businesses and entrepreneurs, particularly in underserved communities.
The foundation has consistently received federal grants from multiple agencies, most prominently the Small Business Administration's (SBA) Office of Capital Access through the Program for Investment in Microentrepreneurs (PRIME) program. These grants, ranging from $200,000 to $300,000 annually between 2020 and 2024, have funded technical assistance initiatives designed to help microentrepreneurs start, expand, and grow their businesses. Additionally, the Initiative Foundation has received grants from the Department of the Treasury's Community Development Financial Institutions Fund, including a $1.8 million Rapid Response Program award in 2021 to address coronavirus economic impacts. The organization has also received sub-awards from the Minnesota Department of Education, including Governor's Emergency Education Relief (GEER) Fund grants. These federal awards demonstrate the foundation's multifaceted approach to economic development, focusing on business training, technical assistance, capacity building, and pandemic economic recovery support across Minnesota's entrepreneurial landscape.
Quick answers
Is Initiative Foundation registered in SAM.gov?
Yes. Initiative Foundation's SAM.gov registration is active through June 14, 2027.
What is Initiative Foundation's CAGE code?
Initiative Foundation's CAGE code is 4CWP9, and its Unique Entity ID (UEI) is DE5YPFF35C38.
What is Initiative Foundation's most recent federal award?
Initiative Foundation's most recent federal grant award is Initiative foundation - MN (SBAHQ24PR0020), from Office of the Chief Operating Officer, on September 30, 2024.
On GovTribe
See Initiative Foundation's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors