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

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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 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 ...

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…
January 18th
This report ranks arts vibrancy in more than 900 communities across the country, examining the level of supply, demand, and government support for the arts in small, medium and large cities. Factors include the number of art providers and organizations, t…
January 18th
The Creative Vitality Index (CVI) is a tool that measures annual changes in the economic health of highly-creative industries using information about organizational revenue, jobs, and other measures from creative businesses and nonprofits. A 2013 report i…

Employement and Economic Development News ...

March 27th
Minnesota employers reported nearly 97,400 job vacancies in the fourth quarter of 2016, indicating the state labor market remains tight as baby boomers retire from the workforce and moderate job growth continues, according to figures released today by the…
March 24th
Six redevelopment projects in Minnesota were awarded more than $1 million in grants by DEED.
March 23rd
Minnesota employers added 3,800 jobs in February, according to seasonally adjusted figures announced today by DEED.


Lynn Bushinger

Lynn Bushinger
CFO, COO & Treasurer

(320) 631-2006

Dan Bullert

Daniel Bullert
Business Finance Manager
(320) 631-2013