For Small Businesses
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Minnesota Inclusive Growth Fund
Created by the Catalyst Coalition, a group of five leading Minnesota-based mission-driven organizations, the Minnesota Inclusive Growth Fund (MIGF) increases access to 5% fixed-rate capital and support services for Minnesota small businesses.
Quick Facts
- Launched: March 2022
- Designed for: Minnesota small businesses with 50 or fewer employees and less than $5 million in annual revenue
- Partner organizations:
- Northside Economic Opportunity Network (NEON)
- Metropolitan Economic Development Association (MEDA)
- Latino Economic Development Center (LEDC)
- African Economic Development Solutions (AEDS)
- Community Reinvestment Fund, USA (CRF)
- WomenVenture
Catalyst Coalition Partners
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CRF is a national nonprofit and Community Development Financial Institution (CDFI) with a mission to expand economic opportunity by reimagining the way capital and resources flow to small businesses and communities. CRF partners with community stakeholders to deliver sustainable, tailored financial solutions that support long-term economic growth with the goal of building a just economy where small businesses and local communities thrive. Since 1988, CRF has provided nearly $4 billion in funding to transform local economies across the country.
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