The Entrepreneur Fund is an economic development organization committed to growing the regional economy by boosting the abilities of the region’s business owners seeking growth. We provide business loans up to $500,000 and strategic services to entrepreneurs in 11 counties of northeast Minnesota and northwest Wisconsin. Our vision is to have vibrant communities across our region that are created and sustained by entrepreneurs.

OVERVIEW

The Entrepreneur Fund seeks a Grants Manager to fully execute our grant cycles, from beginning to end, while maintaining a robust data collection process of Entrepreneur Fund activities and our clients. This role is critical to growing our stable base of funding, exceeding funder expectations, and ensuring accurate and complete data about the organization’s activities and impact.

Responsibilities

• Write funding proposals to foundations, corporations, and sources of loan capital. Create concise, compelling written funding requests through the use of narrative, data, client stories, research, and visuals to make effective funding proposals. Funders include government, foundations, individuals, corporations, and financial institutional investors. (20%)
• Prospect funding sources and prepare information for exceptional applications. (20%)
• Perform grant and funder research to identify potential funding sources that are a strategic fit and meet the goals of the organization.
• Mine, collect, and catalog relevant internal data and 3rd party statistics, reports, and studies to inform grant proposals. This includes regional data, small business data, articles, research, client stories, and trends in entrepreneurship.
• Maintain and execute a grants management calendar to ensure the timely submission of letters of inquiry, proposals, grant agreements, and reports for all funding sources. (25%)
• Execute our data collection process and manage software systems to consistently and accurately track activity data, required grant information, client information, demographic information, and other compliance data. (30%)
• Provide software training, troubleshooting, and support for staff as needed.
• Create, pull, and distribute monthly reports to aid management in meeting grant and organizational performance objectives.
• Update and distribute weekly performance metric scorecards for leadership team, advisory team, and lending team.
• Provide fundraising support to CEO and Board of Directors in reaching out to and engaging funding sources. (5%)

Measures of Success:

• Number of applications submitted
• Number of applications funded
• 100% funder compliance and timeliness of funder reports
• Accurate and complete internal reports –grant performance, activities, and demographics.

Ideal Candidate Profile:

The right person will bring their talents and skills of writing, research, and a need for structure and match it with their passion for small businesses and serving the rural communities across our 11-county service area. They will bring a keen understanding of the importance of quality, consistent data tracking and collection along with an interest in the effective utilization of technology.

Required Talents:

• The ability to write creatively. To be concise, vivid, and compelling through storytelling and data.
• Strong analytical talents. The ability to pair a narrative with reality through data and research.
• Detail-oriented, accurate and thorough.
• Must have the ability to impose structure, be planful, and set-up recurring routines with a focus on timelines and deadlines.
• An on-going desire to learn and improve. We have big goals and ambitions and are looking for the right person to grow with us as we grow our fundraising.

Required skills and knowledge

• Excellent writing, analytical, and research skills used and developed in a fundraising setting. A track record in successfully securing resources.
• Mastery of MS Word and Excel.
• Ability to read, analyze, and interpret government grant criteria & regulations
• Ability to interpret foundation criteria, values, and intentions.
• Ability to construct budgets and compile financial reports for grant requests and reports.
• Ability to read and understand non-profit financial statements. Ability to convey basic non-profit financial health and ratios into requests.
• Proficiency in database or non-profit software system design and usage. Must be able to understand and manipulate the system, to ensure inputs result in the desired outputs for meaningful activity and demographic reports.
• Proficiency in non-profit data collection practices.

Experience

• Bachelor’s Degree or higher is required
• At least 3 years’ experience and a track record in institutional fundraising and grant writing is required.
• Experience in activity tracking software such as MS Access, Outcome Tracker, or SalesForce is preferred.

Entrepreneur Fund Core Values:

Get things done

• Be organized & efficient
• Work hard – persist & maintain your focus.
• Stay focused
• Ask for help before the end.

Mutually commit

• Commit to the committed – customers, staff, communities, and partners.
• Commitment is demonstrated, not perceived.
• Give everyone a chance to show it.
• Believe what they show you
• Do your part.
• Expect lasting results from relationships.
• Have the hard conversations.

Effective teamwork

• Take great satisfaction in meeting team goals.
• Strive for team excellence – suggest improvements, learn from failures.
• Organizational strength is fortified through each member’s performance.
• Keep your communication open, genuine, and honest.
• No blame or disrespect.
• Celebrate our wins and give specific praise.

Commit to the Greater Good

• Impact is our motivator: entrepreneurs & community.
• Do what is better for the whole
• Shine a light on real progress.
• Be of service to change-makers & doers.
• Walk away from the toxic.

To apply, visit http://www.minnesotanonprofits.org/job-details?id=133625 or send your resume and cover letter to terri@encompasssolutionsmn.com

The Entrepreneur Fund is expanding.

Since 1989, we have worked with entrepreneurs to help them achieve success and grow their businesses. Now it is our turn to grow. We are currently hiring for two full-time positions: a Business Advisor and our Women’s Business Alliance Director.

The Business Advisor works with small business owners to achieve their business goals. The selected individual will provide direct consulting, guide the client’s development and serve as a trusted advisor to the small business owner. The Business Advisor facilitates the long-term relationship with clients and offers a key access point for a variety of Entrepreneur Fund services appropriate to their needs. This position is based out of our Hibbing office.

We are also seeking an experienced entrepreneur to lead the Women’s Business Alliance (WBA). The WBA is committed to increasing the income, influence, and leadership of women entrepreneurs in our region. The WBA Director leads the initiative, recruits women entrepreneurs, provides training consulting and EOS® (Entrepreneurial Operating System) services. Responsibilities include program management, overseeing consultants, as well as providing direct training and individual consulting. This position is based out of our Duluth office.

We are excited for the opportunity to expand our staff in order to further advance economic development in our region. We thank the community for allowing us to continue our mission, and we look forward to meeting our new staff members.

For more information and to apply for these positions, please click on these links:

Business Advisor

Women’s Business Alliance Director

When you think of Hibbing, Minnesota, “award-winning business consulting” may not come to mind – but it should. Karine Woodman, of 24hr Bookkeeper, has built a globally recognized accounting services firm located right in the heart of Hibbing.

By embracing technology and providing expert services for payroll, bookkeeping and QuickBooks™ training, Woodman and her team have quickly become sought-after business consultants, and 24hr Bookkeeper was recently named Intuit’s Global Firm of the Future. As the U.S. finalist, the company competed with finalists from the United Kingdom, Canada and Australia. Setting the company apart from the competition was the ability to integrate third-party software and apps with QuickBooks, and having a cloud-based approach to accounting services.

To Woodman, business accounting services translates into something more meaningful, helping people.

“We’re in the business of being trusted,” Woodman says. “We take care of people’s babies, their financials, and that takes a lot of trust. We truly care, and want our clients to be successful.”

Woodman knows being a business owner can be a lonely place, and strives to create simple and efficient workflows for her clients, so they can better understand their business financials. And because, her business regularly happens via video conference, Woodman can help business owners from across the nation – and does – all from her office in Hibbing.

Woodman founded 24hr Bookkeeper to help businesses on the Iron Range manage accounting, payroll and QuickBooks. Fast-forward seven years and the team provides consulting services to businesses across the nation. 24hr Bookkeeper has positioned itself to clients in all industries, but finds majority of their clientele are in the construction, professional services, healthcare and hospitality industries.

Over the past year, Woodman has worked with the Entrepreneur Fund, assisting and facilitating training with their clients in the areas of QuickBooks and financial services. Soon after her facilitation began, Woodman started working with an Entrepreneur Fund business advisor for her own company. She knew the level she wanted to bring her business to, and found value in the advice and guidance she was receiving from her business advisor. Having support from someone with actual small-business experience helped Woodman systemize her operations and streamline 24hr Bookkeeper’s fast-paced growth.

24hr Bookkeeper is a perfect example that living in a smaller town doesn’t (and shouldn’t) limit a business owner’s potential for success. Networking, getting your business out there and embracing technological approaches to conducting business, allows entrepreneurs to grow their business well beyond their expectations.

Jessica and Erik Lietz are becoming household names across the Iron Range for their ambitious and exemplary work revitalizing restaurants like The Whistling Bird in Gilbert and Boomtown Woodfire in Eveleth. And because owning and operating two restaurants in two different cities isn’t keeping them busy enough, they’re working on a new restaurant concept in Hibbing.

The Process

The Lietz’s love what they do, from start to finish – and they take great pride in offering new and unique dining experiences to communities on the Iron Range. It’s a lot of work for the couple, but it’s the kind of work that makes the them tick.

Rather than purchasing existing restaurants that are currently in operation, or building from the ground up, the Lietz’s choose to purchase restaurant properties that are bank-owned. This approach allows them to have creative freedom without the extensive costs and overhead that can be associated with new construction.

Although they buy existing properties, there is still a lot of revitalization involved in bringing a closed restaurant back to life. The Lietz’s think carefully about what their customers might want and need with every new concept they create. Oftentimes, to put their own touches on décor and layout, the entire space must be gutted and the kitchen must be rebuilt.

“There’s something so exciting about what we do,” said Jessica Lietz. “There’s an adrenaline rush in the restaurant industry – we get to create our own destiny. We have creative freedom to see our visions through from start to finish.”

Creating new menu options comes with a bit experimentation, but the Leitz’s always keep old standards in the mix, too. They feel the most important thing is to invite people to try new things, while still providing an element of familiarity.

The Leitz’s say it’s always exciting to open a new restaurant to the public, and both The Whistling Bird and Boomtown Woodfire have been very well received in their communities. Chatter started early in Hibbing – even before the Lietz’s had made an offer on the vacant downtown space – which goes to show the community of Hibbing is looking forward to having a new dining option.

The Outcome

In addition to introducing creative dining options, the Lietz’s are helping local economies thrive by providing numerous jobs. They currently have about 60 employees, and with the addition of their new Hibbing restaurant, the total will be over 100.

Jessica Lietz says the restaurant industry is always hiring and there always seems to be a shortage in both kitchen and front of the house staff. It usually takes her a while to get new staff members in place and up to speed on operations. The new restaurant in Hibbing is still in the planning phase, but will present exciting new opportunities for the region. Luckily, some staff from Boomtown Woodfire in Eveleth will transfer to Hibbing, so the Lietz’s are expecting that training will go smoothly from the get-go.

Help Along the Way

Both Erik and Jessica have extensive experience in the restaurant industry, but found that it isn’t always easy to find financial assistance. The failure rate in restaurants trends high, and many banks can’t offer loans or want to assume the risk.

With creative financing options, the Entrepreneur Fund provided funding for Boomtown Woodfire, and connected them with experts to help with other important business operations like payroll processing and bookkeeping.

“The Entrepreneur Fund is there to help business owners,” said Jessica. “They want to help local entrepreneurs succeed, and they’ll do whatever they can to help push your vision forward.”

Our client and service provider – Karine Woodman of 24HR Bookkeeper (Hibbing) has been nominated to be Intuit’s (QuickBooks’s) Firm of the Future. One winner will be selected from four finalists. Karine is competing against firms from Canada, the UK and Australia. Please vote once per day for our local small business provider of QuickBooks bookkeeping and support!

How to vote for Intuit’s Firm of the Future: 24HR Bookkeeper

1. Go to firmofthefuture.com/contest
2. Next: Register
3. Already Registered? Just log in with your email address everyday through October 15th
4. Scroll down to 24HR Bookkeeper’s Video and click the green VOTE button!