The Southern Minnesota Initiative Foundation based in Owatonna has teamed with the Region Nine Development Commission and the Faribault Diversity Coalition to recruit minority-owned business leaders.  Fifteen businesses are being sought out to take part in the 2019 Prosperity Initiative cohort. Eligible businesses include those operated by minorities, women, veterans, persons with disabilities and or low-income in the 20 county region.

The Prosperity Initiative is being designed to provide education and business resources to minority business owners . The U.S. Census Bureau is estimating that 29% of Minnesota's population in 2040 will be people of color. In 1980 this percentage was just 4%.

You can learn more at the Southern Minnesota Initiative Foundation web site. The deadline to apply is March 13, 2019. You may also call Pam Bishop at 507-214-7013 with any questions.

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minority owned business
Hongqi Zhang Townsquaremedia
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