Related Links
Links to Economic Development Resources
Northland Institute
www.northlandinst.org
The Northland Institute was established in 1996 as a nonprofit 501(c)(3) subsidiary corporation of the Northland Foundation. The mission
of the Northland Institute is to develop innovative asset-building
strategies for low-income individuals, entrepreneurial nonprofits,
and community economic development organizations. The Institute is
pursuing its mission primarily through the design of new products
and services for the economic development finance field, the
development of innovative new approaches to support employee
business ownership, and the promotion of regional business networks
to introduce business leaders to the most successful business
practices and real world solutions to common business problems of
our times.
Minnesota Community Capital Fund
www.mncommunitycapitalfund.org
The Minnesota Community Capital Fund (MCCF), a nonprofit
organization, offers local communities and economic development
organizations throughout Greater Minnesota the opportunity to
participate in an innovative new development financing resource. This
flexible loan fund is designed to leverage millions of dollars in
underutilized local Revolving Loan Fund (RLF) capital. Through the
pooling of RLF resources, the Fund provides its members with greater
lending flexibility, the capability of offering much larger loans
than would be possible with limited existing local resources, and no
cost professional fund management services.
The Twin Cities Community Capital Fund
www.tcccf.org
The Twin Cities Community Capital Fund (TCCCF) is a new economic
development financing resource for the seven county Twin Cities
Metropolitan Area. The purpose of the Fund is to leverage millions
of dollars in Revolving Loan Funds (RLFs) and other economic
development funds owned and managed by metro area local governments
and development financing organizations. By pooling resources, TCCCF
members will have the advantage of offering much larger loans than
would be possible with limited local resources, greater gap-lending
flexibility for financing local development projects, and
significantly lower loan risk—all with the support and services of a
professional fund manager and experienced loan officers at no cost
to Fund members.
APEX (Area Partnership for Economic Development)
www.APEXgetsbusiness.com
The Area Partnership for Economic Expansion (APEX) is a private
sector nonprofit organization tasked with expanding economic growth
and business development in the Duluth area and the surrounding
region. Its roots can be traced to the 2001 Mayor’s Economic Summit
in Duluth, MN, where hundreds of business leaders and community
members worked together to chart a new course for the region’s
economy. APEX’s mission is to drive wealth to the region which will
in turn create new employment opportunities.
The Northspan Group, Inc.
www.northspan.org
The Northspan Group, Inc., is a private, nonprofit organization
dedicated to the development and diversification of the economy in
the upper Midwest. Northspan offers a full array of professional
business and community development services.
UMD Center for Economic Development
www.umdced.com
The Center for Economic Development of the University of Minnesota-Duluth
encourages economic development and innovation by providing
area businesses and organizations with competent and
timely technical assistance supported by training, education,
and research.
Minnesota Power Economic Development
www.mnpower.com/econdev
The Minnesota Power Economic Development Program provides site selection assistance, business development services, access to the Minnesota Community Capital Fund, and other special services for its customers.
Iron Range Resources
www.irrrb.org
The Iron Range Resources Economic Development site describes
the many financial and business development services
that this unique state agency
can provide to businesses located or locating
in Minnesota's Taconite Tax Relief Area (TTRA).
Northeast Entrepreneur Fund, Inc.
www.entrepreneurfund.org
The Northeast Entrepreneur Fund, Inc. is a private nonprofit organization
that provides education and technical assistance to help people
develop their ideas for starting a business or expanding a small
business in Northeastern Minnesota.
RAIN Source Capital
www.rainsourcecapital.com
Rain Source Capital is a multi-state network of RAIN® funds that works with angel investors who are interested in
supporting growing companies in rural communities.
