Healthy Food Fund

A specialized loan fund with low interest rates for local food retailers and producers.

Interest Rates: As low as 3% with flexible terms

Geographic Scope: Minnesota and Wisconsin (29 counties across both states and 12 Native Nations)

Eligible Borrowers:

• Local grocery stores
• Convenience stores
• Food producers

Eligible Uses:

• Replacing dated equipment
• Investing in technology for inventory and payment efficiencies
• Expanding business to a larger space
• Purchasing inventory
• Hiring staff
• Updating the interior of business
• Purchasing a new or existing store
• Other food retail/production business needs

Why Different: EFund has specialized lending tools and advising experience to partner with food producers and retailers across the region, allowing communities to access healthy food for their families.

Contact Information:

• Phone: 218-623-5747
• Email: info@efund.org
• Main Office: 202 W Superior St, Suite 311, Duluth, MN 55802
• Branch Locations: Ashland WI, Duluth MN, Eveleth MN, International Falls MN, Little Falls MN, Superior WI

Additional Services: All loans are paired with strategic one-on-one business advising at no additional cost.

Application Process

1. Initial Contact: Reach out to Entrepreneur Fund to discuss your lending needs
2. Loan Readiness Assessment: Download and complete the free loan readiness checklist
3. Application Submission: Work with a Client Resource Manager who will guide you through the process
4. One-on-One Support: Team members are invested in guiding you through the loan process and ensuring you understand each step
5. Advising Partnership: Upon approval, pair your loan with strategic business advising

Required Materials

Specific materials not detailed on website. Contact EFund directly for comprehensive application requirements.

Next Steps

• Contact EFund via phone, email, or in-person appointment
• Discuss your specific business needs and financing goals
• Request application materials and next steps