Business Development

Renville County Housing & Economic Development

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Renville County Economic Development

The Renville County Economic Development Authority has many resources to help you open a business in Renville County. If you have any questions on business development or expanding your business contact Chris Hettig. For a copy of the HRA/EDA Business Loan Programs available in Renville County, click here.

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The Southwest Initiative Foundation (SWIF) will consider financial support for start up or expanding businesses that will create employment by generating new wealth and diversifying the economy of southwest Minnesota. The region includes the eighteen counties of Big Stone, Chippewa, Cottonwood, Jackson, Kandiyohi, Lac qui Parle, Lincoln, Lyon, McLeod, Meeker, Murray, Nobles, Pipestone, Redwood, Renville, Rock, Swift, and Yellow Medicine.

The Business Finance Program provides "gap financing" to eligible businesses. This financing supplements the dollars provided by financial institutions and investors and strengthens financial packages. Financing is intended to compliment, not compete, with traditional financing sources. The SWIF will not participate in a project that can be solely financed through traditional sources. The SWIF actively solicits and promotes partnerships with financial institutions in all projects.

To augment the funds available in its Business Finance Program and increase its ability to achieve its goals, the SWIF is coordinating the State of Minnesota's Challenge Loan Program for southwest Minnesota. This program was conceived as an innovative system to provide loans to businesses and promote economic development in rural Minnesota. The decentralization of this state program to the regional level provides local decision-making about locally established priorities. The SWIF has received over $1 million in program dollars from the State of Minnesota. _____________________________________________________________________________________________________________________________________

An entrepreneur is a person who organizes, operates, and assumes the risk for a business venture. The goal of BizPathways is to minimize the risk by outlining the steps necessary to organize and operate a business and point you to the resources in your area that can help you successfully accomplish each step.

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Minnesota Business Finance Corporation (MBFC) is a Certified Development Company authorized by the U.S. Small Business Administration to originate and service SBA 504 loans. The SBA 504 loan program is "the money that makes America work". As a non-profit CDC, MBFC, a member of the National Association of Development Companies (NADCO) promotes economic development throughout a 46 county area of Minnesota.

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Welcome to Minnesota Rural Partners and our website. We have many exciting projects to share and connections to make as we collaborate to build and support rural Minnesota. Review the summaries below for more detail.

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To contact the Small Business Development Center for Southwest MN call 800-642-0684 ext-7386.

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Search for jobs throughout Minnesota by County or Type. _______________________________________________________________________________________________________________________________

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If you have any questions or comments regarding the Renville County HRA/EDA please call 320-523-3656.