Southern Minnesota Initiative Foundation (SMIF), in partnership with Region Nine and Faribault Diversity Coalition, is seeking 15 businesses to participate in a 2020 Prosperity Initiative cohort. Past Prosperity Initiative graduates are also encouraged to apply to be part of this program again and take their business to a new level. Apply by January 29!

The Prosperity Initiative promotes inclusive entrepreneurship and minority-owned business growth in southern Minnesota. The program provides regular education, coaching, and business resources to minority and new immigrant business owners in SMIF’s 20-county region.

Prosperity Initiative clients receive the following to help turn business dreams into reality:

  • Support from a professional business coach to set goals and work towards achieving them.
  • Access to marketing assistance, Quick Books training, financial planning, tax preparation, and more.
  • Business planning software, website hosting and design services, and other crucial business tools.

Those interested in the Prosperity Initiative are encouraged to attend so that you have a well-developed business plan to include in your application. To learn more about becoming a Prosperity Initiative client contact Pam Bishop at 507-214-7013 or

The Prosperity Initiative