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Latino Economic Development Center

 

Organization Info
Impacts/Projects/Collaborators 
Beam Assessment

Organization Information


Organization: Latino Economic Development Center

Sector: 501C-3 Non-Profit

Organization Mission: The Latino Economic Development Center is a statewide membership-based non-profit organization whose headquarters are located in Minneapolis. An ethnic/membership-based Community Development Financial Institution (CDFI), it is certified by the US Department of Treasury and by the MN State Council of OICs and OIC America as an Opportunities Industrialization Center (OIC).

Website

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Diversity and Inclusion, Economic Development
October 20, 2021: APM Research Group MN Diversity Communities Survey

  1. Survey results 2. MINNESOTA’S DIVERSE COMMUNITIES SURVEY: WHAT? WHY? AND HOW?

Read more ...
October 16, 2021: Adminstration of Rochester's 3.12M award from Minnesota Main Street Economic Revitalization Program

Press Release DMC EDA to administer 3.12M distribution of MN Main Street Economic Revitalization Program.

"Formal grant criteria will be established, including the prioritization of Black, Indigenous, and People of Color (BIPOC) participation. DMC will serve as the administrator of the grant."

Read more ...
October 10, 2021: Commitment to Action for Racial Justice project

September 27 2021, checkpoint meeting with commitment undersigned.  

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October 05, 2021: P-TECH 535

RCTC grand opening and IBM video in support of P-Tech. 

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September 22, 2021: History Center of Olmsted County

Newsletter and article about importance of the history center. 

Read more ...
September 18, 2021: Zumbro Valley Medical Society

Zumbro Valley Medical Society program aims to connect medical students with local service providers as part of academic year elective.

Read more ...
September 14, 2021: Olmsted County Health Assessment and Planning Partnership (HAPP)

Status reports: September 2021, March 2021 from CHAP quarterly meetings

Read more ...
September 10, 2021: Age-Friendly Olmsted County (AFOC) Meetings Log

9/10/2021 message from Dave Beal, August 2021 kickoff and inventory meeting

Read more ...
September 09, 2021: Racism and the Economy -- Federal Reserve Series

Understanding the implications of structural racism in America's economy. 

Read more ...
September 02, 2021: Targeted Business Enterprise Utilization Plan 3Q2021

Key info includes: 3Q 2021 News, 2021 Global Mayors Challenge, DMC Discovery Walk Pre-bid 

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August 29, 2021: NAACP, Rochester Chapter Speaker Series

Honesty in Education: A clarification of Critical Race Theory.

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August 27, 2021: Olmsted County Human Rights Commission

Welcoming week information and Police Responses to HRC questions. 

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August 22, 2021: State of Minnesota: MnDOT Equity Feedback

Feedback on the transportation equity working definition. MnDOT came to Diversity Council board meeting and presented to the board and asked for feedback. This is a collection of feedback comments.

Read more ...

Community Anchor Participation:

 

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Impacts

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

PlanScape

Lvl 1: Diversity and Inclusion ; Economic Development

Lvl 2:

DMC Impact:

Community Health Impact area:

 

Projects/Programs

Confirmed Project Involvement:


Potential Projects

Project Involvement Candidates:


Known Collaborators

Onboard Collaborators:

 

Potential Collaborators

Potential Collaborators:

Organization Life Cycle Assessment (Pause, Startup, Steady, Isolated Impact, Collective Impact  Unknown)

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.
Links
Links to Beam and beam sub-sites: