Battle Creek Small Business Loan Fund: Keeping Up Momentum

November 29, 2018

This past June, the W.K. Kellogg Foundation (WKKF) founded the Battle Creek Small Business Fund Loan, and we have been extremely excited to see local community leaders, Battle Creek residents, and business owners rallying around this important initiative. To date, more than $6.4 million has been contributed to the fund, but with a goal of $10 million, it is important to keep the momentum going.

Since the June launch of the fund, three business loans have been closed and more than twenty local businesses have submitted loan applications. Northern Initiatives, a 25-year-old community development institution that is managing the fund, has opened its downtown Battle Creek office at Two West Michigan Ave and is continuing to work with interested business owners and entrepreneurs.

Small businesses are essential for the vitality of local communities across the nation. It is important that local partners in Battle Creek come together to support new start-ups and ongoing businesses with loans, business coaches, and other needed resources for success.

This fund is helping those with an entrepreneurial spirit realize their dreams, and in turn, positively impact Battle Creek.

Those who contribute to the Battle Creek Small Business Loan Fund will be directly investing in our city’s economic vibrancy and in our community’s future.

To learn how you can invest in entrepreneurship, contact Terri Govern with Northern Initiatives at tgovern@northerninitiatives.org or Andrew Brower, program-related investment officer at the Kellogg Foundation at Andrew.brower@wkkf.org.

 

 

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