Northeast Entrepreneur Fund, Inc.

8355 Unity Drive, Suite 100
Virginia MN, 55792


Northeast Entrepreneur Fund is a microenterprise and small business lender that has served predominantly rural northeastern Minnesota for 10 years. It is a recognized leader in its field, particularly for its success in measuring the impact its activities have had in affecting the success of businesses.

CDFI Awards for Northeast Entrepreneur Fund, Inc.


CORE (1999) - $368,000

The CDFI Fund"s $300,000 capital grant will help the organization expand its lending and provide more flexible loan products to both microenterprises and small businesses in its seven county service area. The Fund"s $68,000 technical assistance grant will help NEF improve its ability to track its impact on its target market.



CORE (1997) - $285,000

A CDFI Fund grant of $250,000 and a technical assistance award of $35,000 will allow the Entrepreneur Fund, which has operated its microenterprise fund since 1989, to make small business loans.



Other Community Development Financial Institutions in Minnesota

WomenVenture
St. Paul





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Community Development Financial Institutions

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









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