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.