NEWS & INTERESTS
Pohlad Family Foundation Loan Opportunity
A 2nd round of funding is now available through the Pohlad Family Foundation. This round has nearly $1 million in low-interest loans available to Minnesota small businesses to help them weather the current economy.
Loans are limited to $75,000 per applicant and may be used for working capital or to acquire or improve existing assets. Loan applications and other information are available at http://www.growminnesota.com/. Initial applications must be made through the local Grow Minnesota!chambers, same as before. And, once again, we are limited to the number of applicants we may submit for final review, so this is a competitive process. However, we certainly encourage you to apply if you believe that this opportunity may be helpful to you and your business.
Deadline for applications is Sept. 11, so if you are interested, please visit http://www.growminnesota.com/for more information and application instructions.