Northern Initiatives in the News
Michigan nonprofit lender has been making SBA Microloans since 1994 Northern Initiatives, a nonprofit lender serving communities across Michigan, has been named Michigan SBA Microlender of the Year by the…
Elissa Sangalli and Jennifer Hayes testified before the Michigan State Senate March 6. They talked to the LEO/MEDC Appropriations Subcommittee about the importance of CDFIs and the impact they have…
Crain's Grand Rapids Business has a nice article on the expansion of Supermercado Mexico. With the new CEO in place, co-owner Javier Olvera hopes to position Supermercado Mexico to add…
Founders of Shorebank Corp. Inspired a National CDFI Movement WASHINGTON, D.C. – Northern Initiatives board members Mary Houghton and Ron Gryzwinski received the CDFI industry’s highest honor at this year’s…
Michigan’s largest CDFI will connect small business owners with resources throughout the state MARQUETTE, MICH., Oct. 10, 2023 – Northern Initiatives, a nonprofit lender working throughout Michigan, has been awarded…
Through our partnership with Issue Media, this story is in several publications around the state. Community foundations have found a satisfying way to invest in their communities. They’re investing in…
This story is part of a series in Second Wave SW Michigan that uplifts equitable small businesses and its ecosystem in Kalamazoo, Battle Creek and Grand Rapids. On an afternoon in…
Grant will help underserved entrepreneurs throughout Michigan Northern Initiatives, a nonprofit lender, and Start Garden, a business incubator, have been awarded $3 million from the U.S. Minority Business Development Agency…
Imagine being perfectly suited to take over a well-established, highly respected small business but you must first get over two big hurdles: arrange financing worth roughly a half-million dollars and…
Mark Sanchez of Crain's Grand Rapids Business covered the state budget allocation for Michigan CDFIs in this story. Lawmakers allocated the funding in a budget for the state’s 2024 fiscal…
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