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This profile was last updated on 3/19/99  and contains information from public web pages.

Board Member

Phone: (507) ***-****  HQ Phone
Southern Minnesota Initiative Foundation
525 Florence Avenue P.O. Box 695
Owatonna, Minnesota 55060
United States

Company Description: Southern Minnesota Initiative Foundation is dedicated to "a prosperous and growing region with vibrant communities, innovative and successful businesses and a...   more
Web References
Press Releases, 19 Mar 1999 [cached]
Delta Waseca as they continue to successfully grow their business , said Ken Wilcox , board member , The Initiative Fund.
Since 1986 The Initiative Fund has provided more than $ 21 million in grant and loan programs for the people of southeast and south central Minnesota.The Fund works to strengthen communities by supporting workforce development , retention of livable wage jobs , and providing resource development and training for non-profit agencies.
As a regional charity , The Fund is supported by local contributions from businesses , individuals , foundations , and local governments.Through the on-going generosity of The McKnight Foundation , all contributions are matched dollar-for-dollar.The Fund also leverages state and federal dollars to support local projects.
Janesville State Bank's continued financial support demonstrates their commitment to the residents and the region , said Ken Wilcox , local Initiative Fund board member.Together , our resources complement the on-going efforts to maintain and increase the economic vitality of our communities..
The Fund's investment in Waseca County exceeds $ 370 , 000 since 1986.Examples of local businesses receiving loans are Shady Oaks Nursery and ELM , both in Waseca.The Initiative Fund recently awarded a grant to the City_of New_Richland to help fund a housing study and to the Waseca school district to create a community based learning program.Other grant awards include support for a Y2K informational meeting ; Blandin Community Leadership Program participants ; and assisting with a summer extended day care.
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