Lending

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Loans Leverage $8.8 Million in Private Financing

The Initiative Foundation provided $826,000 through seven business loans during the first quarter of 2026, helping leverage $8.8 million in private financing through partnering financial… Read More

Foundation Loan Helps Secure Historic Selke Field

The Central Minnesota Youth Soccer Association (CMYSA) has purchased the historic Selke Field in St. Cloud, ensuring this landmark green space will remain a hub… Read More

Swanson Named 2025-2026 Policy Fellow

Tim Swanson, business finance manager for the Initiative Foundation in Little Falls, has been selected as a Policy Fellow through the University of Minnesota’s Hubert… Read More

Tabatt Elevated to Vice President for Economic Opportunity

The Initiative Foundation, a regional foundation with a focus on economic and community development in the 14 counties of Central Minnesota, announced today that Zach… Read More

Minnesota-based CDFIs Hold First Convening

ST. CLOUD, Minn.–A majority of Minnesota’s 33 Community Development Financial Institutions (CDFIs) will send leaders and program staff to a kickoff convening of the first-ever… Read More

Adams Joins Expanded Business Finance Team

LITTLE FALLS, MINN.–The Initiative Foundation is expanding its capacity to provide regional small business lending with the addition of Doug Adams to the business finance… Read More