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The Impact Idaho Fund (IIF) lends money to businesses that fill gaps in the regional food system, expand the regional supply of nutrient-dense food, increase access to affordable agricultural goods, improve smallholder farmer or food producer profitability, demonstrate regenerative agriculture methods and/or uplift sustainable food and farming practices that integrate land, water and energy conservation.
IIF provides low and zero interest loans with patient, flexible repayments schedules, tailored to the business model of small businesses in the food system as well as entrepreneurs wanting to start a business. Loans range in size from $10,000 to $250,000, and the interest rate charged is either zero or below market rate.
We provide business planning and financial reporting resources for accepted borrowers, in addition to providing loans. Our team also facilitates business-to-business connections, with people from the region we know and trust, adding to prospective customers for our borrowers, and building a mutually supportive community of entrepreneurs.
Once your application is submitted, our team will reach out to schedule a meeting within two weeks. During the meeting, we will discuss your business and plans for the loan proceeds and determine whether your project aligns with the Impact Idaho Fund’s impact and financial criteria. If your business is a fit, we will move into due diligence before funding approval is decided. This process takes 1-3 months, though timelines vary on a case-by-case basis.
Click here for our Application Guide that outlines the application form and prepares you for submitting your application.
For any questions, please email us at: impactfund@sunvalleyinstitute.org
