Grant For Latino Economic Development Center

  • Year: 2023
  • Amount: $460,000
  • Location: Saint Paul, MN
  • Program: Ecosystem
  • Term: 36 Months

Catalyst Initiative (Latino Economic Development Center) is a consortium of five community development corporations that serve minority-owned businesses in the Twin Cities Metro and Greater Minnesota. Together, these organizations are working to increase the quality and quantity of support for BIPOC-led businesses in Minnesota, including creating the MN Inclusive Growth Fund. (The participating organizations are: Metropolitan Economic Development Association (MEDA), Northside Economic Opportunity Network (NEON), Latino Economic Development Center (LEDC), African Economic Development Solutions (AEDS), and Community Reinvestment Fund, USA (CRF).) Ecosystem grants provide general operating support for organizations that support others to solve problems in their communities.