MBDA Business Center Minneapolis, Minnesota

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Core Business Services

Access to Markets

Access to Contracts

Access to Capital

Strategic Business Consulting

About this Center

The Minnesota MBDA Business Center (MBC) is a part of a nationwide network of thirty-nine centers. The MBC is operated by MEDA, a premier organization that has been dedicated to the development of Minority Business Enterprises (MBEs) for more than 40 years. The MBDA is the only federal agency created specifically to foster the growth of minority owned businesses in America. Visit MEDA's website.

Our Mission

The mission of the center is to strengthen the US economy by helping ethnic minority businesses create or retain jobs, and build economically vibrant socially responsible entrepreneurs, businesses, and communities. The center’s focus is well aligned and consistent with MEDA’s mission of “helping entrepreneurs of color succeed.”

Our Strategy

The MBC seeks to form strategic business alliances between MBE’s, majority corporations and local, state and federal government agencies. Services offered to MBC clients include:

Develop a work plan according to the MBEs capabilities and needs

Identify procurement opportunities based on client competencies

Broker financial transactions between clients and financing sources

Provide tailored business consulting to assist MBEs grow and prosper

Promote MBC clients to both the public and private sectors

Assist qualified MBEs with acquisitions or venture capital deals

Identify referral sources for MBEs not qualified for MBC assistance

Media Coverage of Open House

Location

250 Second Avenue South, Suite 106
Minneapolis, MN  55401
612-259-6564
Project Director: George Jacobson


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Qualifications

While MEDA serves all MBEs, the Minnesota MBDA Business Center specifically targets three unique market areas: companies with annual revenues of $1,000,000 or more, companies with high individual growth potential, or promising companies in high-growth industries. If you believe you meet these qualifications, complete the client services form.