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Southern Minnesota Initiative Foundation

Southern Minnesota Initiative Foundation

Owatonna, Minnesotasmifoundation.org

Overview

Southern Minnesota Initiative Foundation (SMIF) is a donor-supported foundation that invests in economic growth across 20 counties in south-central and southeastern Minnesota. Its key interests include entrepreneurship, early childhood development, and community vitality. SMIF provides funding through grants, business loans, and equity investments.

Portfolio Companies

5

Investments

Southern Minnesota Initiative Foundation investments
CompanyDateStageLead
Sonex HealthSep 2019Corporate FundingCo-investor
75FSep 2014GrantCo-investor
Ambient Clinical AnalyticsFeb 2014SeedCo-investor
GoRout-AngelCo-investor
Sonex Health-SeedCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersOwatonna, Minnesota
Year FoundedN/A

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