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Meda

 

Organization Info
Impacts/Collaborators
Beam Assessment

Organization Information


Organization: Meda

Sector: 501C-3 Non-Profit

Organization Mission: Meda provides business development services, business financing and access to market opportunities to support entrepreneurs of color. In addition, Meda hosts the Minnesota Procurement Technical Assistance Center (MN PTAC) that helps all Minnesota businesses pursue government procurement opportunities. MN PTAC offers specialized support for Women, Veteran, and HUB Zone businesses. Meda also operates two business development centers under cooperative agreements with the Minority Business Development Agency (MBDA) of the U.S. Department of Commerce. With the 2011 launch of the first ever minority focused MBDA Federal Procurement Center in Washington D.C., Meda can serve Minority Business Enterprises (MBEs) across the nation. The Minneapolis MBDA Business Center connects Minnesota MBEs with business opportunities. In 2013, Our mission Helping entrepreneurs of color SUCCEED. Our vision Thriving communities through equal economic participation. Our values Excellence, Client, Focus, Integrity, Respect. Meda connected with 1,604 clients through our combined service offerings and helped client companies secure over $1.2 billion in contracts. Since its beginning in 1971, Meda has helped more than 19,400 entrepreneurs of color and assisted in the start-up of more than 490 businesses.

Website

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Business Process, Diversity and Inclusion, Economic Development
May 24, 2019: Rochester Area Family Y

 Y has received a grant from the Schulze Family Foundation which allows us to provide 400 Rochester high schooler’s a free summer members through our Get Summer program.

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May 24, 2019: Mayo High School School Within a School (SWS)

Four Mayo SWS students and their teacher made a huge impression at Kiwanis Club of Rochester. 

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May 24, 2019: 2016-2020 Housing Framework (2Q2019)

More than $3 million in housing investment has been committed in the nearly 16 months since the Coalition for Rochester Area Housing was created with a $6 million goal.

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May 20, 2019: Heart of the City Peace Plaza Public Realm

6 things to know about Heart of the City plans. 

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May 16, 2019: Race Exhibit Moved to Luther College

Great teamwork to have exhibit transported to Luther College. 

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May 08, 2019: Community for Health Workgroup Log

DMC EDA initiated Community For Health group effort notes.

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April 28, 2019: Isaiah News

April/May Rochester ISAIAH Community Meetings and news. 

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Community Anchor Participation:

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Business Process ; Diversity and Inclusion ; Economic Development

Lvl 2: African American ; Asian American and Pacific Islander ; Native American ; Latino

DMC Impact:

Community Health Impact area:

 

Projects/Programs

Confirmed Project Involvement:


Potential Projects

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Potential Collaborators

Potential Collaborators:

Organization Life Cycle Assessment:

Steady

Site Information
Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
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