Calhoun Enterprises, No.
tower referred
E.E.
Birmingham's Midfield Dodge-Jeep Inc. Insurance list with $56 million in assets in 2004.
often leicester
Hill, established
the
foundation in 1934. Today, the Foundation brings technical assistance
and financial resources
that help identify, share and advocate
community-focused strategies for long-term poverty reduction
. The supermarkets, food distribution and telecommunications company
reported 2004 sales of $112
million.
BLACK ENTERPRISE, your ultimate guide to financial empowerment, is the
premier
business and investment resource for African Americans.particularly referred
Minnesota Investment Network Corporation Receives
$1.3 Million From Northwest Area Foundation
"We are glad to make program-related
investment dollars
available to help address a real funding gap in our
eight-state region."
RAIN(R) funds pool the
intellectual and financial resources of
accredited individual and institutional investors in rural
communities.,
helps communities reduce poverty in its eight-state region: Minnesota,
Iowa,
North Dakota, South Dakota, Montana, Idaho, Washington and
Oregon.8 million readers with monthly
information on entrepreneurship,
careers, and financial management.tower inuit
-based Minnesota Investment Network
Corporation is
dedicated to building the capacity for equity investments in markets
not served
by traditional venture capital firms. Industrial/Service 100 list, still
ranks as Alabama's top-grossing
African American-owned industrial/service
company. For 35 years
BE has provided essential business
information and advice to professionals,
corporate executives, entrepreneurs, and decision makers
.hamlets cda
The five Minnesota RAIN(R) funds currently have $4. Minnesota Investment Network
Corporation seeks
to build local equity capacity by investing in
companies directly and establishing local investment
funds called
RAIN(R) funds throughout Minnesota and the upper Midwest.nunavut cooperative
The organization acts
as
a catalyst that pools individuals and organizations together to
address unmet financing needs. As
the definitive source of information
for and about African American business markets and leaders
, BE is the
authority for business news and trends.leicester cda
"Our RAIN(R) funds essentially serve as quasi
-venture capital
funds, but they operate in areas - both geographic and dollar amounts
- typically
not served by the traditional venture capital community,"
said Steve Mercil, president and CEO, Minnesota
Investment Network
Corporation. Paul, Minn. 55 on the B.inuit encouraging
About Minnesota Investment Network
Corporation
St. The
Foundation has approximately $437 million in assets (as of March 31,
2004
).100s report.particularly cooperatives
Paul, Minn. BLACK ENTERPRISE Issues 33rd Annual Report on Black-Owned Businesses
NEW YORK, Eleven Alabama-based firms are among the
nation's leading African American-owned
businesses, according to the BLACK
ENTERPRISE 33rd annual B.nunavut operative
Hill, served
this region from 1889
-1970. Hill's son, Louis W.100s
total 280 businesses, which include 100 industrial/service companies
, 100 auto
dealerships, 65 financial service firms and 15 advertising agencies.E.
The complete
listing, including eligibility requirements and criteria, is
available in the June issue of BLACK
ENTERPRISE on newsstands now.
cooperatives cooperative
3
million from the Northwest Area Foundation to expand the
corporation's
RAIN(R) fund program in Minnesota, Iowa, Idaho, North Dakota, South
Dakota, Montana
, Oregon and Washington. is Alabama's largest African
American-owned auto dealership with $100 million
in sales, surging 10 spots to
No. Banks list, First Tuskegee Bank ranked at No. Washington Insurance
Company, based in Birmingham, ranked No.leicestershire dene
The listing is recognized as the most
respected measure
of black-owned business performance. Industrial
Service 100 list with clothing designer Karl Kani
. 24 with $61
million in assets.E.inuit governed
In addition to investing in local companies, RAIN(R)
funds may
also co-invest with other RAIN(R) funds or with Minnesota
Investment Network Corporation in other
companies. The Great Northern Railway, founded by James J. 31 on the B.E.sectors ops
The RAIN(R) funds are formal
,
for-profit private investment funds made up of and managed by angel
investors and institutions
that serve as active members of the fund. "You
have to have investment capital to build strong businesses
and create
high-quality, living-wage jobs: these are critical to reducing poverty
for the long
term," said Stauber.
Through the work of the Minnesota Investment Network Corporation,
there is
currently $12 million of equity capital available in eight
RAIN(R) funds, including five in Minnesota
, two in Iowa and one in
North Dakota. The technology support
company reported revenues for 2004
at $68 million. The publication
provides 3.ops sectors
----
Money will help expand formation of RAIN
(R) funds in eight states
The Minnesota Investment Network Corporation has received $1.
About
Northwest Area Foundation
The Northwest Area Foundation, headquartered in St.cda leicestershire
5
million invested
in 20 companies. Auto Dealer 100 list.often leicester
inuit cooperative
The Minnesota Investment Network Corporation serves as the
catalyst
for new funds, providing a template for getting funds formed as well
as business expertise
, investment dollars, and management support to
local angel investor networks. The Minnesota Investment
Network has an
approach, and a track record, that will benefit our communities, and
serve as a
model for others to consider," he said.Eleven Alabama-Based Companies Among the Nation's Top Grossing
Black-Owned Businesses
Huntsville-based Tec-Masters tied for No.
On the B.cdas encouraging
PAUL, Minn
.
"The Minnesota Investment Network's RAIN(R) funds are very much
aligned with our focus: helping
communities enhance their assets and
expanding economic development, particularly in rural areas
," said
Karl Stauber, president and CEO of the Northwest Area Foundation.Organizations to assist co
-op businesses, often particularly in the formation of new co-ops.
particularly tees
E.confidential leicester
"The Northwest Area Foundation's
financial support will
enhance our RAIN(R) fund program in Minnesota and other states and
enable
us to expand the network of organized RAIN(R) fund investors. For additional information, see www.nwaf
. Overall, the B. 21 on the 2005 B.
Booker T. They are often referred to as CDAs.
cdas leicestershire
org or call
651-224-9635. 4
on the B.sectors leicestershire
Business Editors
ST. The return on this form of support
can fuel future
economic development.
governed cooperatives
E.cda particularly
A community sponsored library.
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