Entrepreneur Fund receives Google grant to help small businesses

The Entrepreneur Fund has received a $2 million Grow with Google Small Business Fund loan and a $125,000 Google.org-funded grant from Opportunity Finance Network (OFN), a leading network for Community Development Financial Institutions (CDFIs). The grant will help the Entrepreneur Fund better ?serve minority and women-owned businesses in northeast and central Minnesota, as well as northwest Wisconsin. ? 

“These funds couldn’t be better targeted or more timely. The Entrepreneur Fund will utilize them to expand our capital base and deploy them to diverse-owned and women-owned businesses across our region,” said Shawn Wellnitz, CEO and President of the Entrepreneur Fund. “This work is already underway to meet the major demand for Paycheck Protection Program (PPP) loans to support our hard-working small business owners and these funds will allow us to get it to those who need it most.”

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