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Meda

Organization Information
Programmatic Impacts/Collaborators
News and Beam Assessment

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.

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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:

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Projects/Programs

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Potential Projects

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Potential Collaborators

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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 Cbeam will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, Cbeam'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 relevancies 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. Cbeam 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.
Links
Links to Beam and beam subsites: