Huisman Family Fund
GRANTS | Up to $10,000
Grants are available to 501c3 organizations, local units/agencies of government or public school/university in order to enhance the economic development opportunities for the residents of the area. Recommendations will be made by the advisory committee to Southern Minnesota Initiative Foundation (SMIF) on a rolling basis.
LOANS & TECHNICAL ASSISTANCE | $2,000-$35,000
Loan are available to businesses in Faribault County and adjoining areas. The Huisman Family Fund can make recommendations to SMIF for technical assistance support to businesses within the loan or collateral program. SMIF staff will work with the business to find the right consultant for the business needs.