NORTHEAST ENTREPRENEUR FUND INC logo
Foundation Rolling (Quarterly) Small Business GrantsFood Grants for Nonprofits
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Funding Amount

Up to $750,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Healthy Food Fund

Type: Specialized Loan Fund

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

Award Amount: Loans ranging up to $750,000

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.

    How to Apply

    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
    Apply with Grantable Learn more

    Focus Areas & Funding Uses

    Fields of Work

    small-businessesfood

    Categories

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