7/25/2012

In the second quarter of 2012, the Funders Collaborative awarded four grants totaling more than $225,000.  The grants support two of four Funders Collaborative goals: the creation of a Strong Local Economy and Vibrant Transit-Oriented Places.

Highlights from the four grants awarded this quarter include:  

STRONG LOCAL ECONOMY

The Metropolitan Consortium of Community Developers was awarded $60,000 to help small businesses in Minneapolis prepare for, and thrive in, the Central Corridor marketplace though training, technical assistance and financing.

VIBRANT TRANSIT-ORIENTED PLACES

Springboard for the Arts received $75,000 to support Irrigate, an artist-led community development project designed to create a cultural corridor that preserves and builds distinct neighborhood identities.

The Asian Economic Development Association was awarded $75,000 to support the implementation of the Little Mekong business and cultural district.   

Saint Paul Smart Trips received $17,800 to support biking and walking to and from the Central Corridor through the Frogtown active transportation program.  

To date, the Funders Collaborative has made 76 grants totaling over $5.6M in four key areas: Access to Affordable Housing, Strong Local Economy, Vibrant Transit Oriented Places and Coordination and Collaboration.  For a complete list of investments, click here.