Minnesota Business Finance Corporation (MBFC) awarded a grant to North Central Economic Development Association (NCEDA) in Staples, MN. The Rural-Micro-Entrepreneur Assistance Program (RMAP) capitalizes funds from a revolving loan fund. RMAP makes loans, provides business-to-business training, as well as technical assistance to rural micro borrowers.
This opportunity is offered in partnership with the East Central Regional Development Commission (ECRDC) to 10 difference counties in central Minnesota. Eligible applicants with expansion or projects with a high degree of techinical assistance can use this additional affordable funding source.
For more information click here for the link to NCEDA’s website. The North Central Economic Development Association is a program of Region Five Development Commission.
On Thursday, May 12, 2016 Minnesota Business Finance Corporation presented a grant to North Central Small Business Development Center (SBDC) at the Central Lakes College in Brainerd, MN.
The North Central SBDC plans to use funds for loan packaging assistance needed by small businesses and aspiring small business owners in North Central Minnesota.
The North Central SBDC serves approximately 11 counties in central Minnesota. Services provided include: assisting with bank loan programs, facilitating SBA needs for business owners, DEED, and regional loan programs to facilitate small business growth.
For more business resources and further information about North Central SBDC click here.
The Minnesota District Office of the U.S. Small Business Administration has announced the Save the Date for the Fall SBA Minnesota Lenders Conference. The event will be held on Thursday, September 8th at 8:30 AM at the Marriott Minneapolis Northwest located in Brooklyn Park, Minnesota.
Registration details are coming soon. The conference hosts a variety of workshops, exhibitors, an awards ceremony, and a networking reception for all attendees.
The “Who Should Attend” list includes: Commercial & Business Bank Lenders, Credit Union Lenders, Credit Analysts, Underwriters, Credit Administration, SBA Servicing Providers, Loan Packagers, Microloan Lenders, Community Advantage Lenders and others!
SBA Minnesota Lenders Conference
Thursday, Sept. 8th, 2016, beginning at 8:30 AM
Marriott Minneapolis Northwest
Tuesday, May 3, 2016 Minnesota Business Finance Corporation (MBFC) attended and exhibited at the Small Business Development Center (SBDC)-Small Business Resource Fair in Moorhead, MN.
The SBDC partnered with North Dakota Small Business Administration and MBFC as well as other businesses in part to celebrate the NATIONAL SMALL BUSINESS WEEK being held across the country!
The Small Business Resource Fair hosted more than 20 assistance providers on-site, exhibitors geared towards helping small business, and 10 different workshops, all at no cost to business owners.