Federal grants to Northeast Entrepreneur Fund, Inc.
Northeast Entrepreneur Fund, Inc. in Duluth, Minnesota received $24.1 million in federal grants from fiscal 2021 to 2025, across 34 awards. Its largest program was Microloan Program, with $9.7 million. In fiscal 2025 it was awarded $1.8 million.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$24.1 million
- Awards34
- Awarded in FY 2025$1.8 million
- Largest award$5.0 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 6 | $4.2 million |
| FY 2022 | 8 | $4.6 million |
| FY 2023 | 8 | $9.3 million |
| FY 2024 | 7 | $4.2 million |
| FY 2025 | 6 | $1.8 million |
Programs that fund Northeast Entrepreneur Fund, Inc.
| Program | Awards | Amount |
|---|---|---|
| Microloan Program | 5 | $9.7 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $5.0 million |
| Community Development Financial Institutions Program | 6 | $4.5 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Women's Business Ownership Assistance | 10 | $1.6 million |
| Prime Technical Assistance | 4 | $950,000 |
| Rural Microentrepreneur Assistance Program | 5 | $302,171 |
| Rural Business Development Grant | 2 | $190,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Small Business Administration | 19 | $12.3 million |
| Department of the Treasury | 8 | $11.3 million |
| Department of Agriculture | 7 | $492,171 |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $5.0 million |
| Sba microloan ta program | Microloan Program | June 29, 2022 | $2.9 million |
| Northeast entrepreneur fund inc - mn | Microloan Program | June 26, 2023 | $2.2 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Northeast entrepreneur fund, inc., mn the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and gr | Microloan Program | September 13, 2021 | $1.8 million |
| Northeast entrepreneur fund inc. - mn | Microloan Program | July 1, 2024 | $1.6 million |
| Northeast entrepreneur fund, inc. | Microloan Program | September 19, 2025 | $1.3 million |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | September 26, 2024 | $1.3 million |
| Purpose: to provide supplemental funding to cdfi fa and naca fa award recipients, for these certified community development financial institutions (CDFIS) to provide financing activities to support healthy food retail outlets and healthy food non retail outlets, that expand the availability of healt | Community Development Financial Institutions Program | February 28, 2023 | $1.0 million |
| Purpose: to provide supplemental funding to cdfi fa and naca fa award recipients, for these certified community development financial institutions (CDFIS) to provide financing activities to support healthy food retail outlets and healthy food non retail outlets, that expand the availability of healt | Community Development Financial Institutions Program | September 26, 2024 | $750,000 |
Questions people ask
How much federal grant money does Northeast Entrepreneur Fund, Inc. get?
$24.1 million in 34 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Northeast Entrepreneur Fund, Inc. the most?
The Small Business Administration, with $12.3 million in 19 awards. The Department of the Treasury and the Department of Agriculture follow.
What is Northeast Entrepreneur Fund, Inc.'s largest federal grant?
$5.0 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Northeast Entrepreneur Fund, Inc.?
Its largest are Microloan Program, Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) and Community Development Financial Institutions Program.
Other grant recipients in Duluth
- Duluth, City of
- Rural Health Resource Center
- Allete, Inc.
- Duluth Transit Authority
- City of Duluth
- College of St. Scholastica, Inc.
- Saint Louis County Administration Building
- Housing and Redevelopment Authority of Duluth, Minnesota
Largest federal grant recipients in Minnesota · Federal grants in Minnesota