The Entrepreneur Fund receives U.S. Small Business Administration grant

The Entrepreneur Fund has received a Program for Investment in Micro-Entrepreneurs (PRIME) grant award from the U.S. Small Business Administration. The awards were given to 27 organizations across the United States to provide technical assistance and training to economically disadvantaged businesses.

In Minnesota, The Entrepreneur Fund and Initiative Foundation are each receiving a $200,000 grant from the U.S. Small Business Administration to provide direct technical assistance to low-income entrepreneurs and help them get financing to establish and expand their small businesses through the Program for Investment in Micro-Entrepreneurs, more commonly known as PRIME. This award will support Minnesota’s low-income entrepreneurs gain access to capital to establish and expand their small businesses.

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