Powering possible through partnerships in Central Minnesota. Watch the video.

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Powering Possible.


An economy thrives when it has a skilled workforce
and locally owned businesses that provide quality jobs.

The Initiative Foundation’s combination of targeted business financing and consulting services helps to leverage private investment and create living-wage employment in the region.

From 2012-2016, the Initiative Foundation's goals are to ...

  • Create or retain 1,500 quality jobs that pay at least $35,000 per year.
  • Provide business development assistance to 100 borrowers.
  • Achieve $59 million from private sources and Initiative Foundation lending and investment activities.

 The Initiative Foundation accomplishes results through the following activities and programs:

From Minnesota Compass ...

May 23rd
Founded in 1991, Living Cities is an innovative collaborative of 22 of the world's largest foundations and financial institutions. It works to to develop and scale new approaches for creating opportunities for low-income people and improving the cities w…
May 10th
Discusses how the Minneapolis-Saint Paul region can benefit by building a more diverse workforce and presents a dashboard of Minneapolis-Saint Paul workforce indicators.
February 3rd
Itasca County leaders were interested in a deeper understanding of the complex issues affecting the workforce and employment in the county, where unemployment has hovered above the state average. This report is a compilation of data and interviews with…

Employement and Economic Development News ...

June 15th
The state's seasonally adjusted unemployment rate of 3.7 percent in May matched a post-recession low point last seen in June 2015.
June 5th
Minnesota companies exported $4.8 billion worth of agricultural, mining and manufactured products in the first quarter of 2017.
May 31st
The city of Stockton has been approved for a $785,013 low-interest loan from the Minnesota Public Facilities Authority (PFA) to improve the quality of its drinking water.


Lynn Bushinger

Lynn Bushinger
CFO, COO & Treasurer

(320) 631-2006

Dan Bullert

Daniel Bullert
Business Finance Manager
(320) 631-2013