Entrepreneur Fund named SBA Rural Lender of the Year

The newly opened Rapids Brewing Company in Grand Rapids served as the venue to celebrate the Entrepreneur Fund’s recent recognition as the Small Business Administration’s Rural Lender of the Year.

Accepting the award on behalf of the Entrepreneur Fund, CEO Shawn Wellnitz said: “Access to adequate financing is one of the biggest challenges rural entrepreneurs face in Minnesota.”

Nancy Libersky, Minnesota SBA district director, spoke to the impact the EF has had on the region’s small business climate. “The Entrepreneur Fund is definitely one of the SBA’s strongest partners,” she said, adding that the nonprofit is one of the top 20 microlenders in the country and assists with 56 percent of the microloans in the state of Minnesota. 

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