WILLMAR – A small business partnership grant, from the Minnesota Department of Employment and Economic Development, will not only help fund the Elevate Business Academy, but will also pave the way for a series of educational forums to help homeowners small businesses.
The Kandiyohi County and Willmar Town Economic Development Commission, which launched the Elevate Business Academy in 2021, received a grant of $ 76,000, the objective of which is to fund programs that promote entrepreneurs and small businesses in Minnesota, according to an EDC press release.
“This grant allows us to invest in the long-term sustainability and continued success of Elevate,” said Sarah Swedburg, Director of Business Development at EDC. “We are delighted to continue to support our hard working entrepreneurs in the county.”
Through the grant, EDC will also be able to work with the Mid-Minnesota Development Commission to organize educational forums to help small business owners develop best practices related to specific business topics.
According to the statement, Elevate is the first and only Community Business Academy in the state and provides business training and coaching opportunities to underserved minority entrepreneurs. The academy is a partnership between EDC, the Southwest Initiative Foundation and Rising Tide Capital.
The first class of the Elevate Academy graduated in June 2021. The second 12 week course started in September and will end in December.