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SMIF announces $100,000 in grants available

Fri, Jun 29th, 2012
Posted in All Business Announcements

As part of its effort to invest in economic growth within the region, Southern Minnesota Initiative Foundation (SMIF) is offering $100,000 in Incentive Grants to 501(c) nonprofit organizations or units/agencies of local, state or federal government. Grants up to $20,000 are available to support collaborative projects or programs in early childhood and entrepreneur development areas. Applications for this grant round are due August 30, 2012, with awards announced in October.

“We want to focus on very specific early childhood and entrepreneur development issues that we believe are critical to the long-term economic vitality of our region,” notes Tim Penny, President/CEO. “These Incentive Grants are designed to support projects that involve collaboration and achieve sustainable, measurable results.”

SMIF is looking for grant applications that encourage new asset-based approaches on issues within our focus areas.

SMIF’s Focus Areas

•Early Childhood Development: Strengthen children’s social and emotional health and school readiness

•Entrepreneur Development: Strengthen and grow the local business community

Fourteen Incentive Grants totaling $247,668 were awarded by SMIF in the past year. Examples include a $20,000 grant to the MN Licensed Family Child Care Association support a mentoring program for licensed family child care providers and a $20,000 grant to the Fillmore County EDA to support a county-wide business succession project.

Applications and guidelines can be found at www.smifoundation.org under “Applications.” For more information email Jennifer Heien, Grants Associate, at jenniferh@smifoundation.org or call 507-455-3215.

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