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Boreal Waters Community Foundation: Small Business Education Fund Grant

Duluth-Superior Area Community Foundation

Funding Amount

Up to US $1,000

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • Eligible candidates are small business entrepreneurs, family members and key employees in the Duluth Superior area who have been in business for six months and who may potentially employ at least three full-time-equivalent employees.
  • Financial need is not a factor.

Overview

The Boreal Waters Community Foundation's Small Business Education Fund offers scholarships to small business entrepreneurs and their key employees in the Duluth Superior area. Established in 1987, the fund promotes job creation and retention through tuition assistance aimed at enhancing management skills. Eligible candidates must have been in business for at least six months and potentially employ three or more full-time-equivalent employees. Scholarships can provide up to $1,000 to support their educational needs.

Boreal Waters Community Foundation: Small Business Education Fund
In 1987, the foundation established the Small Business Education Fund with a grant from the Employers Council, formed in 1950 to promote better relations between business and labor. Scholarships from the fund are open to those in the foundation’s service territory (Aitkin, Carlton, Cook, Itasca, Koochiching, Lake and St. Louis Counties in Minnesota and Ashland, Bayfield, Douglas, Iron and Price Counties in Wisconsin). The Small Business Education Fund encourages job creation and retention in the service territory of the Duluth Superior Area Community Foundation through a tuition-assistance program that strengthens management skills of those in small business.

Eligibility

Eligible candidates are small business entrepreneurs, family members and key employees in the Duluth Superior area who have been in business for six months and who may potentially employ at least three full-time-equivalent employees. Financial need is not a factor.

What Duluth-Superior Area Community Foundation actually gave

Source: IRS Form 990, 2024

Grants in 2024
136
Total given
$4.23M
Median grant
$20K
Range
$5,055–$256K
  • By dollars: Minnesota 82%, Wisconsin 17%, Iowa <1%. Top recipient cities: Duluth, MN; Bayfield, WI; Ashland, WI.
  • 0% of grants with a stated purpose were for general or operating support.
  • 36% of recipients were new grantees, not repeat recipients.

Example grants

  • Chum · Duluth, MN

    Human services

    $256K

  • University of Minnesota Foundation · Minneapolis, MN

    Human services

    $244K

  • YWCA of Duluth · Duluth, MN

    Comm econ dev

    $153K

  • Divine Konnections Inc · Duluth, MN

    Human services

    $115K

  • Bad River Band of Lake Superior Tribe of Chippewa Indians · Odanah, WI

    Comm econ dev

    $104K

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Small businesses
  • Workforce development

Categories

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