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Tim Penny: Annual report details successes of businesses, communities – Post Bulletin

February 2, 2023
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Tim Penny: Annual report details successes of businesses, communities – Post Bulletin
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At

Southern Minnesota Initiative Foundation (SMIF),

we are starting off the new year by reflecting on how we have worked to strengthen the fabric of our region over time. In part, we do this by celebrating a handful of our partners through stories in our Foundation’s annual

Impact Report

.

In the first story

we hear from Johnny Vuong in the small town of Truman. He and his girlfriend, Jialing, opened a restaurant in 2018. They needed support to get started so they reached out to SMIF for an

Emerging Entrepreneur Loan

, a funding partnership through the

Minnesota Department of Employment and Economic Development

that supports minority entrepreneurs. Johnny and Jialing used the loan on equipment and inventory to build up their kitchen.

China…

Read full Story ➤
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