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Southern Minnesota Initiative Foundation seeking applications for Prosperity Initiative

January 13, 2020 by Fillmore County Journal Leave a Comment

OWATONNA, MN, January 6, 2020 – Southern Minnesota Initiative Foundation (SMIF), in partnership with Region Nine Development Commission and Faribault Diversity Coalition, is recruiting minority-owned business owners for a new cohort of its Prosperity Initiative.

SMIF is seeking 15 businesses to participate in a 2020 Prosperity Initiative cohort. Past Prosperity Initiative graduates are also encouraged to apply to be part of this program again and take their business to a new level. The program provides directed, culturally sensitive programing, while also creating a unified and coordinated resource structure, informing partners of best practices and creating opportunities for minority populations to network and access the business community. All resources are free for participating businesses. Eligible participants include minorities, women, veterans, persons with disabilities and/or low-income business owners in SMIF’s 20-county region.

SMIF will be hosting a business plan workshop on January 15, 2020, from noon to 2:30 p.m. to help individuals create a business plan for their company. Those interested in the Prosperity Initiative are encouraged to attend so that you have a well-developed business plan to include in your application. If you are interested in attending, please RSVP to Jennifer Heien, Grants Coordinator, at jenniferh@smifoundation.org or (507) 214-7040 by January 13, 2020.

According to the US Census Bureau, 29% of Minnesota’s population in 2040 will be people of color, an increase from only 4% in 1980. In response to this rapid growth, the Prosperity Initiative was designed to provide education and business resources to minority business owners and educate resource partners on the barriers and opportunities these individuals encounter. Since 2016, the Prosperity Initiative program has provided 66 clients with one-on-one business coaching.

  The Prosperity Initiative is made possible by generous funding from Wells Fargo and Dan and Angie Bastian.

  Apply to the Prosperity Initiative 2020 cohort at www.smifoundation.org/prosperity by January 29, 2020. Contact Pam Bishop, Vice President of Economic Development at SMIF, at pamb@smifoundation.org or (507) 214-7013 with questions.

About Southern Minnesota Initiative Foundation

Southern Minnesota Initiative Foundation (SMIF), a donor-supported foundation, invests for economic growth in the 20 counties of south central and southeastern Minnesota. The Foundation has provided more than $114 million in grants, loans and programming within the region during the past 33 years. SMIF’s key interests include early childhood, community and economic development. To learn more about our work and mission, visit www.smifoundation.org.

Filed Under: Government, News


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Contact Your Legislators

Governor - TIM WALZ
Office of the Governor
130 State Capital
75 Rev. Dr. Martin Luther King Jr. Blvd.
St. Paul, MN 55155

800-657-3717 | 651-201-3400
mn.gov/governor/

U.S. Representative - JIM HAGEDORN
District 1
hagedorn.house.gov

U.S. Senator - AMY KLOBUCHAR
www.klobuchar.senate.gov/public
507-288-5321 | 888-224-9043

U.S. Senator - TINA SMITH
www.smith.senate.gov
507-288-2003

State Representative - GREG DAVIDS
District 28B
651-296-9278
rep.greg.davids@house.mn

State Senator - JEREMY MILLER
District 28
651-296-5649
sen.jeremy.miller@senate.mn

Government this week

Monday, June 5

• Kingsland School Board, Work Session, Elementary Conference Room, 6 p.m.

• Lanesboro City Council, City Hall, 6 p.m.

• Preston City Council, City Hall, 6 p.m.

• LeRoy City Council, Community Center, 6:30 p.m.

Tuesday, June 6

• Fillmore County Commissioners, Courthouse, 9 a.m.

• Houston County Commissioners, Courthouse, 9 a.m.

• Houston Planning Commission/EDA, City hall, 5:30 p.m.

• Hokah City Council, Fire Department Building, 6 p.m.

• Ostrander City Council, Community Center, 6:30 p.m.

• Rushford Village City Council, City Hall, 7 p.m.

Wednesday, June 7

• Brownsville City Council, Community Center, 7 p.m.

• Fountain City Council, City Hall, 7 p.m.

Thursday, June 8

• Filllmore County Planning and Zoning Commission, Courthouse,   7 p.m.

Monday, June 12

• Whalan City Council, City Hall, 5 p.m.

• La Crescent City Council, City Hall, 5:30 p.m.

• Caledonia City Council, City Hall, 6 p.m.

• Grand Meadow City Council, Community Center, 6 p.m.

• Houston City Council, City Hall, 6 p.m.

• Spring Valley City Council, City Hall, 6 p.m.

• Rushford City Council, City Hall, 6:30 p.m.

• Chatfield City Council, City Hall, 7 p.m.

• Wykoff City Council, City Hall, 7 p.m.

*Schedule subject to change.

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