Advancing equity is a priority in St. Louis Park. In 2010, the City Council adopted a resolution supporting minority-owned business, women’s business enterprises and small business. The city will provide information and support to these businesses, and encourage contracting, professional services and purchasing with them.
A variety of resources are available for minority business owners, women's business enterprises and small businesses. Click the titles below for more information.
African Development Center (ADC)
ADC provides training, lending and technical assistance to guide African immigrants and refugees in Minnesota along the path to economic prosperity.
Asian Economic Development Association (AEDA)
AEDA works with business owners to start and grow their businesses by providing business planning, training and workshops, and loans.
Association of Women Contractors (AWC)
AWC provides unique support to women business owners in the construction industry.
Latino Economic Development Corporation (LEDC)
LEDC is a nonprofit organization that was founded by Latino leaders in different fields of community development. It seeks to establish, stabilize, and grow businesses through orientations, classes, business development consulting, technical assistance, and access to capital for new and existing entrepreneurs.
Metropolitan Consortium of Community Developers (MCCD)
MCCD is an association of nonprofit community development organizations. It is committed to expanding the wealth and resources of Minneapolis and suburban Hennepin County neighborhoods through economic development and housing initiatives. Among other initiatives, it manages a small business loan program designed to help new and early stage businesses access the capital and the technical assistance they need to grow and prosper.
Metropolitan Economic Development Association (MEDA)
Meda provides business consulting, financial assistance and market opportunities for minority entrepreneurs. In 2015, Meda served 514 customers through combined service offerings and helped minority businesses secure $94.4 million in contracts. Since its beginning in 1971, Meda has helped more than 20,000 entrepreneurs of color and assisted in the start-up of more than 550 businesses.
National Association of Woman Business Owners (NAWBO), Minnesota Chapter
As one of 90 NAWBO chapters in the U.S., the Minnesota chapter gives women business owners the opportunity to network with peers, educate government officials on business issues related to women, and benefit from leadership training.
Neighborhood Development Center (NDC)
NDC provides business training, loans, technical assistance and business incubators to low-income individuals around the Twin Cities. NDC strives to eliminate barriers within low-income, minority and immigrant communities by providing long-term relationships and culturally competent programs. They provide entrepreneur training and small business workshops, small business loans and Islamically acceptable financing, one-on-one business assistance, and small business incubator development and management.
SCORE “Counselors to America’s Small Business”
SCORE is a national, nonprofit organization dedicated to the formation, growth and success of small businesses. Its volunteer counselors are working or retired business owners, executives and corporate leaders. They provide free and confidential advice to entrepreneurs and small business owners in every industry. SCORE has a branch office in St. Louis Park.
WomenVenture provides tools and support to help Minnesotans start and grow a business, find a new job or develop a new career path. It serves women and men of all economic and ethnic backgrounds. It provides career planning, small business development assistance and loans, and training in financial literacy.