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Prosperity News
A newsletter for partners dedicated to growing prosperity in Northern Michigan and bordering Wisconsin.
Abby Baker's Dozen
The newest start-up in Sault Ste. Marie, Abby Baker’s Dozen, was made possible when mBank and Northern Initiatives combined resources to give owners Abby and Christopher Baker a key ingredient - financial capital. The bakery and breakfast spot will be the first farm to table restaurant in the Soo. It is complete with a unique menu twist on the term “Baker’s Dozen,” a kitchen reference to 13 in quantity... Click for Details
Legacy Tool
Newaygo based start-up,  Legacy Tool, LLC produces gauges and fixtures for the aerospace and land base turbine industries. After solidly hitting their first year projections, owner Dean Shue recognized market demand was strong and growth was inevitable. He understood to keep pace he would need additional working capital. When Dean learned, as a start-up, traditional financing was not available, he turned to The Right Place for advice. The Right Place connected him with Northern Initiatives to secure the resources needed to support his growth... Click for Details
Initiate Gains New Partners
Money and Know How. We are firm believers that business owners need both. It is why we piloted Initiate in 2014. Initiate is an online business resource with over 100 interactive tools, templates, videos and guides. This robust online resource positioned Northern Initiatives to provide 100 percent of our customer base with access to complimentary resources to build their business acumen. 

In 2017, an updated version of Initiate was launched and industry peers took note.  Colorado Enterprise Fund, Southwest Initiative Foundation, and the Wisconsin Women’s Business Initiative Corporation were among the first CDFIs to partner with us. These partnerships have allowed us to collectively reach and engage more small business owners in growing their business.

 
Read what our customers are saying about Initiate...
“Being a business owner I am constantly on the go, so having a tool like Initiate has been great. It allows me to fine tune my skills and search for answers to questions I may be unsure of and I can do it from anywhere.”
       –NI Business Loan Customer
North of Chicago Pizza - Customer Highlight
A taste of the Windy City has made its way to Sault Ste. Marie, Mich., with the recent opening of North of Chicago Pizza. Start-up entrepreneur Justin Fisher left his career as a semi driver to fulfill his longtime goal of owning an independent pizza place. After months of building renovations, market research and just plain hard work, North of Chicago opened its doors in early January, with  Old Mission Bank and Northern Initiatives teaming together to support the launch of this small business. 
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Northern Initiatives is a Community Development Financial Institution. We’re in business to provide loans and business services to small business owners and entrepreneurs who create jobs and enable the communities of Michigan and neighboring Wisconsin to thrive. Find out more > 
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Northern Initiatives
P.O. Box 7009, Marquette, MI  49855
info@northerninitiatives.org

(906) 228-5571

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