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you believe in a good business and a good job, then do we have a good deal for you.

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 2017-2019, the Initiative Foundation's goals are to ...

  • Create 300 quality jobs
  • Retain 600 quality jobs
  • Issue $6 million in new loans, resulting in $36 million in funds leveraged
  • Increase workforce skills for 900 people
  • Increse skills and knowledge for 300 emerging entrepreneurs
  • Help create 50 new business and social enterprise ventures
  • Issue $3 million in new loans to startup businesses and social enterprise ventures

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

From Minnesota Compass ...

February 16th
This report describes labor force projections and the role of immigration in Minnesota's economy.
January 25th
Ranks the 50 states and the District of Columbia on performance measures in the areas of Financial Security, Business Development, Homeownership, Health Care and Education.
December 21st
This study examines how climate change will negatively impact transportation and infrastructure systems across the Midwest. It offers information for policymakers regarding the potential costs and consequences of climate change, and recommends actions to …

Employement and Economic Development News ...

February 21st
Company officials said they plan to build a 20,000-square-foot flaxseed-processing plant in the West Metro Business Park.
February 7th
The company will raise koi fish and grow organic produce, herbs and fruits.
February 6th
The company will invest $750,000 in a 30,000-square-foot expansion of its building.


Jeff Wig

Jeff Wig
Vice President for Economic 
& Business Development

(320) 631-2006

Dan Bullert

Daniel Bullert
Business Finance Manager
(320) 631-2013