SMIF Economic Development Initiative Grants


Southern Minnesota Initiative Foundation (SMIF) recently approved five grants totaling $63,500 to support economic development initiatives in SMIF’s 20-county region, which includes Goodhue and Wabasha Counties.


SMIF President and CEO, Tim Penny, says the Economic Development Grant program supports initiatives which enable communities to create more prosperous local economies.

Penny says grant award recipients include $10,000 to Cannon River Chapter of Sustainable Farming Association to increase networking and educational opportunities for food producers in Goodhue, Le Sueur, Rice, Dodge, and Steele Counties. Also, $5,500 was awarded to the City of Pine Island for a bookkeeping workshop for small businesses in Pine Island and Stewartville to provide local business owners with the financial knowledge necessary to evaluate the profit and loss of their business.


A $20,000 grant was awarded to Southeast Minnesota Food Rescue and Redistribution to reduce economic barriers and strengthen food distribution channels for emerging food growers and processors.


For information about Southern Minnesota Initiative Foundation, go to https://smifoundation.org/.

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