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SMIF Rural Entrepreneurial Ventures

Southern Minnesota Initiative Foundation (SMIF) is seeking applications for its Rural Entrepreneurial Ventures (REV) program which supports long-term economic growth.

Up to four communities will be selected for this three-year program. Communities with populations of 10,000 or less in SMIF’s 20-county region, including Goodhue, Wabasha, Olmsted, Winona, Rice, and Dodge, are eligible to apply.

The REV program helps rural communities create more vibrant economies by finding and supporting local entrepreneurs – from business startups to existing businesses that want to grow. Each community will develop a leadership team and be matched with a coach to guide them through goal setting and action steps.

SMIF invites all interested communities to submit a letter of interest by June 12, followed by an application which is due July 31. Selected REV communities will be announced in September and will begin work in January 2024.

For more information on SMIF’s Rural Entrepreneurship Venture Program, and to apply, visit

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