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SMIF Promise Acts Grants




Southern Minnesota Initiative Foundation, in partnership with Minnesota Department of Employment and Economic Development, is pleased to announce $1.1 million in grants for small businesses in their region (nonprofits earning revenue in a similar fashion to a for profit business may also be eligible).

 

This is a competitive grant - not all eligible businesses will receive a grant. Grants can range from $10,000 to $50,000.


Businesses must be located in SMIF's region. Businesses must earn $750,000 or less in gross revenue (based on 2021 taxes).

   

Applications are due Wednesday, April 24.

 

Additional eligibility requirements and the application can be found at https://smifoundation.org/, and scroll down to Upcoming Deadlines.

 

SMIF serves 20 counties in southern Minnesota, including Goodhue, Wabasha, Winona, Dodge, Rice and Olmsted counties, as well as Prairie Island Indian Community.

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