- Granite Falls (Round 1)
- Litchfield (Round 1)
- Worthington (Round 1)
- Marshall (Round 2)
- Montevideo (Round 2)
- Willmar (Round 2)
Funds are limited to specific corridors within these six communities, and other communities are not eligible for this funding. Assistance and translation/interpretation services are available to ensure all eligible projects can access the application process.
Contact Scott Marquardt at [email protected] or 320-583-4629 for information if your project is in one of these six communities.
We leverage private investments that create and retain quality jobs, foster entrepreneurship and help our communities – large and small – compete in a global marketplace.
As your creative financing solution, we partner with banks and credit unions, economic development organizations, nonprofit lenders and private investors. We support the retention, expansion, transition, creation and attraction of businesses through our Business Finance Program and Microenterprise Loan Program. In addition, our microloan program provides customized technical assistance for the length of the loan to help clients improve their skills in financial management, operations, marketing and more.
Check out our programs to see how we can help with your project.
Initiate Prosperity: Powered By Southwest Initiative Foundation
Thinking of starting a business or already in business? Get customized how-to videos, quick references and resources by signing up for Initiate Prosperity: Powered By Southwest Initiative Foundation. You’ll have 24/7 access to virtual content on topics including covering start-up, money, marketing and management. Initiate Prosperity is available to anyone in southwest Minnesota. To get access, follow the link and click “Create a New Account”.