MBFC presented a grant for $2,000 to Itasca Economic Development Corporation (IEDC) located in Grand Rapids, Minn. The IEDC serves approximately 45,000 residents and works with the region’s over 1,500 businesses.
The grant funds were delivered at a recent meeting to Tamera Lowney, President of the IEDC, by Terry Stein, Vice President Business Development Officer of MBFC. Plans for the contribution include providing no-cost business consultations and education for business owners.
(Pictured above: Tamara Lowney, President of IEDC, and Terry Stein, Vice President Business Development Officer of MBFC)
MBFC is also pleased to share that IEDC has won a $500,000 McKnight Foundation Vibrant & Equitable Communities grant. As a funding partner of IEDC, we are excited to see this significant investment that will accelerate several IEDC initiatives aimed at increasing access and opportunities for small businesses throughout Itasca County. For additional details please visit www.itascadv.org