ADDING and REPLACING Minnesota Nonprofits Launch Minnesota Inclusive Growth Fund

Key Facts

The Wells Fargo Foundation is pleased to invest in this fund that’s providing vital access to capital that will ensure small businesses can recover and stay open in the midst of unprecedented challenges.”
The Fund is designed to increase access to flexible and affordable capital and small business support services for underbanked businesses across Minnesota that have suffered a direct economic disruption as a result of COVID-19 or civil unrest.
Gene Gelgelu, President + CEO, African Economic Development Solutions (AEDS) “CRF has been part of the Minnesota economic development community for more than 30 years and is engaged with the Catalyst Coalition to help achieve our vision of a just economy that works for all.
Patty Pannkuk, Senior Vice President for Social Impact and Sustainability, Wells Fargo About MIGF The Minnesota Inclusive Growth Fund (MIGF) increases access to flexible and affordable capital and support services for small businesses across the State of Minnesota, with an emphasis on long-term recovery, growth, and businesses in low-to-moderate income or underbanked communities.