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Continued: Minneapolis building boom tops $1 billion for second year in a row

  • Article by: NEAL ST. ANTHONY , Star Tribune
  • Last update: November 11, 2013 - 9:29 AM

Short takes

• Veteran businesswoman Betsy Buckley will succeed nonprofit entrepreneur Joe Selvaggio as president of MicroGrants, which has funneled $300,000-plus this year in small grants to struggling entrepreneurs and working-poor “people of potential” in need of capital or training en route to economic self-sufficiency. Said Buckley: “The opportunity to work with partner agencies like the African Development Center, the Jeremiah Program and Twin Cities Rise and with visionary donors to support people of potential draws on my life’s experience and passions for fundraising, innovation, leadership and growth.”

Buckley most recently was interim CEO of the Downtown Council. Selvaggio is the 1972-vintage founder of Project for Pride In Living (PPL). Steve Cramer, PPL’s 16-year CEO, will soon lead the Downtown Council, the business organization that promotes downtown. Microgrants has granted more than $3 million, mostly in $1,000 amounts, over the years.

• Former Hewlett-Packard CEO Carly Fiorina, Opportunity International CEO Vicki Escarra and global volunteer Mary Lynn Staley will explain how female entrepreneurs through microcredit help millions of families escape the worst of poverty in developing nations in a program at 5 p.m. on Wednesday at the Whitney MacMillan Auditorium in Hopkins. There are still seats left for the event sponsored by Riverbridge Partners at www.opportunity.org/mnwomen. Women, studies have shown, tend to be more giving, more diligent care givers and more collaborative than men.

• The Franklin Institute of Philadelphia has awarded Bill George its 2014 Bower Award for Business Leadership, one of the oldest of the national business ethics awards. The award citation recognized the former Medtronic CEO, who now teaches at Harvard “for his visionary leadership of Medtronic, his promotion and writings on corporate social responsibility and leadership” and his philanthropy.

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