Business Services

Business Support for You

Entrepreneurial support at the Initiative Foundation goes beyond just providing capital. We also offer a range of services, including entrepreneurial programming through our Enterprise Academy and Initiators Fellowship programs, and an array of supplemental training opportunities. Support can come in many forms—through one-on-one coaching or self-directed online training—for everything from crafting a business plan to basic bookkeeping or marketing guidance. Our goal is to meet you where you are, to bolster your business acumen, and to help you on the road to success.

Lending—With a Mission

As a certified Community Development Financial Institution, or CDFI, the Initiative Foundation works to create economic opportunity throughout Central Minnesota by lending funds to locally owned businesses. The Foundation’s lending initiatives play a crucial role in promoting economic development, revitalizing underserved communities, and fostering financial inclusion.

By providing access to capital and support to borrowers who may face barriers, CDFIs like the Initiative Foundation help to create opportunities for economic growth and empowerment in disadvantaged areas.

Entrepreneurial Programs

In addition to its Business Basics workshops and its partnerships to advance business succession planning across the region, the Initiative Foundation invests in the promise of local people who have the drive and determination to start and sustain job-creating, community-enriching businesses.

Enterprise Academy

Launched in 2018, the Enterprise Academy has helped hundreds of individuals realize their dream to build and launch local businesses. From accounting to food to healthcare ventures, Enterprise Academy graduates are enriching the region and beyond with their products and services.

Initiators Fellowship

The Initiators Fellowship is a bold strategy that gives next-generation leaders the tools and resources to accelerate their entrepreneurial and leadership skills—all for the greater good of Greater Minnesota.

Trainings and Workshops

Moving Your Business From Ideas to Action

This three-part series is designed to help business owners move forward and get unstuck. Each session will run from 1 to 4 p.m. Learn from…

Subject
Business
Location
St. Cloud
Start Date
November 16, 2024

Rural Business Success Series: AI for Small Business 

In partnership with the North Central Small Business Development Center (SBDC), the AI for Small Business workshop is for entrepreneurs who want…

Subject
Business
Location
Brainerd
Start Date
January 14, 2025

Rural Business Success Series: AI for Small Business

In partnership with the North Central Small Business Development Center (SBDC), the AI for Small Business workshop is for entrepreneurs who want…

Subject
Business
Location
Wadena
Start Date
January 28, 2025

Rural Business Success Series: Buying a Business Basics

In partnership with the North Central Small Business Development Center (SBDC), the Buying a Business Basics workshop will provide a comprehensive introduction…

Subject
Business
Location
Brainerd
Start Date
February 13, 2025

Rural Business Success Series: Buying a Business Basics

In partnership with the North Central Small Business Development Center (SBDC), the Buying a Business Basics workshop will provide a comprehensive introduction…

Subject
Business
Location
Wadena
Start Date
February 20, 2025

Contact Us

Reach out to a member of our staff for questions on the array of business services that we offer. We are here to help!

Ismail Mohamed

Ismail Mohamed

Enterprise Academy Program Officer (320) 412-5330
Zach Tabatt

Zach Tabatt

Vice President for Economic Opportunity (320) 631-2015

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