Northern Initiatives
Marquette, Michigannortherninitiatives.org
Overview
Northern Initiatives is a non-profit Community Development Financial Institution (CDFI) that provides loans and business services to small businesses and entrepreneurs across Michigan. It offers financing from $1,000 to $500,000 to businesses that may not qualify for traditional bank loans, with a mission to create jobs and support economic growth in underserved communities. In addition to capital, the organization provides business coaching, technical assistance, and access to an online learning platform.
Portfolio Companies
2
Website
northerninitiatives.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| RJ's Printing | Jan 2023 | Buyout/LBO | Co-investor |
| Myconaut | - | Debt | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.