The Entrepreneur Fund

Getting Pier B Resort to the Starting Line

Posted on March 04, 2019 at 05:17 PM. Written by Entrepreneur Fund

Businesses aren’t born overnight. When a new business finally opens its doors to the public, it is often after years of planning and hard work behind the scenes. The pre-development process is complex, especially if an innovative business plan breaks away from the ordinary to try something altogether new.

Building a new facility can require feasibility studies, environmental impact assessments, extensive design and planning work, and buy-in from local, state and possibly federal stakeholders – not to mention extensive funding and new business loans.

All this work and planning takes place long before a business can begin generating revenue. How do aspiring business owners finance the necessary pre-development work that is required BEFORE presenting a solid business plan to the bank?

A Year of Exponential Growth

Posted on January 31, 2019 at 09:45 AM. Written by Shawn Wellnitz | CEO and President

The past twelve months have marked incredible growth for our region. We are so proud to be working with so many passionate and driven entrepreneurs who are committed to strengthening our economy, one business at a time.

Coffee Sourced from the Heart

Posted on January 10, 2019 at 03:49 PM. Written by Entrepreneur Fund

Duluth Coffee Company is a Duluth staple. Locals love it. Tourists can’t get enough. Across the board, consumers appreciate the sustainably-sourced, high-quality coffee – but just seven years ago, the Duluth Coffee Company was still an idea, percolating in the mind and heart of Eric Faust.

The Entrepreneur Fund