Lending
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
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