Boreal Waters Community Foundation: Small Business Education Fund Grant
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
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Workforce development
Categories
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