Babaamaajimowinan (Telling of news in different places)
BEMIDJI — More than $840,000 was loaned or granted out into the region from October through December through the Northwest Minnesota Foundation. This three-month timeframe comprises the second quarter of NMF’s fiscal year.
Funds released by NMF included more than $450,000 through local philanthropic activities, more than $264,000 through NMF’s discretionary grant programs, and more than $126,000 through loans to small business owners.
Additionally, the Northwest Small Business Development Center, for which NMF serves as the host, provided 764 hours of free business consulting hours to 141 clients throughout the region.
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