Metropolitan Economic Development Association (MEDA) 

        E_Connect

       helping entrepreneurs of color succeed! 

 Metropolitan Economic Development Association

banner2

 

March 2009

 

 

Select Source International (SSI) Joins the PACESETTER Program to Make His Vision a Reality

   

 

Mandeep Sodhi came to MEDA in the spring of 2008 seeking advice to vertically integrate his business with a cause dear to his heart -- the environment, energy consumption, and waste. Select Source International (SSI) manages and implements major technology initiatives and optimizes operations of IT investments.

 

Mariana Scott (above, right) MEDA consultant, and Mandeep worked hard on giving life to the project.

 

Today, Mandeep is one of the few minority companies who has fully integrated the green concept into his brand. In less than a year Select Source International has become a company that breathes, practices and advises other companies in the advantages of sustainability. 

 

Mandeep knew about MEDA long before he became a client; he has been a MEDA supporter for three years giving generously to our annual meeting and gala events.

 

As a Pacesetter, Mandeep fits our Pacesetter profile flawlessly. He gives to the community; he believes and practices corporate social responsibility; he is a community leader who believes in giving back; and he is ethical and compassionate. Mandeep exemplifies integrity in his private and professional life.

 

"I am honored to have Mandeep participate in our flagship Pacesetter program. Mandeep is passionate about his beliefs. He does not cut corners and delivers what he offers 100%."

 

I am proud to have SSI in our portfolio of successful entrepreneurs who become part of the MEDA family. They come to us because they believe in our Mission and make their own vision a reality.

 

Board Spotlight Goodwin

Morris Goodwin, Jr.
Chief Administrative Director,
Corporate Administration
Amherst H. Wilder Foundation


 

Morris Goodwin, Jr. still remembers the environment some twenty years ago, when he was first introduced to MEDA and asked to join its Board of Directors.

 

"At that time, there was a great spirit of technology taking off. Venture capital, private equity was just beginning and the spirit of entrepreneurship was very much alive but somewhat new for communities of color."

 

He thought that the philosophy of MEDA to encourage the development of entrepreneurs of color, to increase wealth for communities of color and to have an impact on the growth of the economy was very much in keeping with the broad experience of entrepreneurial activity in the country as a whole.

 

What he found so attractive were the timing, uniqueness and the character of MEDA, as well as its focus on expanding the opportunity for wealth-accumulation for communities of color.

 

Morris continues to be impressed with MEDA's work today. "Every time I look over the history of MEDA, I think it's very important to give MEDA acknowledgement for its sustainability. MEDA has been able to provide consulting services, business services and technical advice to entrepreneurs over multiple decades.  This ability to sustain a high quality service model that remains grounded even after 38 years of operating history, I think, is the most distinguishing characteristic of MEDA."

 

His advice to MEDA clients is to thoroughly understand the business industry in which you operate, to develop a formal or informal coaching/mentoring relationship with a recognized expert or high performer in the majority business community and to gain access to investment and working capital.

 

MEDA is appreciative of Morris' contribution and commitment to its mission. The opportunity to have a Board member who not only brings great talent and ideas to the table but also provides a historical perspective is invaluable.


 

MEDA Employee Spotlight PatDotter

Pat Dotter

PTAC Southwest Area Manager

 

 

MEDA welcomes Pat Dotter as its new PTAC Southwestern MN Area Manager. She comes from the Wyoming PTAC where she worked for the past 8 years. 

 

Prior to that she was a Small Business Development Center (SBDC) counselor and owned her own small business.

 

Although her work at MEDA will be similar to her previous job, Pat is looking forward to working with a different clientele. Her past PTAC experience had been primarily with clients in areas more rural than her new location in Southwestern Minnesota.

 

Her move also brings her closer to two daughters who reside in Minnesota and Wisconsin.

 

Pat says she likes working at MEDA and helping clients to grow their businesses through government contracting.  "I've been impressed with the caring staff-how they care about the clients and each other. There seems to be a genuine interest in helping businesses and entrepreneurs succeed."

 

In regards to the current economic climate, Pat says that a lot more people are calling and trying to get some of the stimulus package money. She would like to urge entrepreneurs to contact PTAC to learn about the advantages of working with federal or state agencies and a chance to bid on opportunities that might provide business growth or stability.

 

More information about PTAC can be found at www.ptac-meda.net or contact Pat at pdotter@meda.net or 507-549-3193.

 

 

2008 MEDA Gala Wins ISES Award!! ISES

The MEDA Gala "Passage to India" won the prestigious International Special Events Society (ISES) award for BEST EVENT FOR A NON-PROFIT ORGANIZATION!

 

With the help of WOW! Events from Kraus - Anderson MEDA was able to entertain our supporters through one of Minnesota's premier events - and at the same time - raising 20% of MEDA's operating budget. Thanks again to WOW! Events by Kraus - Anderson for helping make the MEDA Gala so wonderful. We look forward to seeing everyone at our 2009 Gala on November 14 - "Fiesta Latina" - at the Minneapolis Hilton.

(Photo of Yvonne Cheung Ho by Coppersmith Photography)

 

 

am_save the date

RSVP

 

Volume: 3.2

 

 

In This Issue

SSI Joins PACESETTER

Board Spotlight

Employee Spotlight

MEDA Gala Wins Award

Upcoming Events

Other Events

 

 


WDC
   

MEDA Honored with 2009 Advocacy Award

 

MEDA was honored with the 2009 Advocacy Award from the Women's Business Development Center! This Award is presented to an individual or organization for their contributions to the economic development and empowerment of women and minority-owned businesses, and for their support of the WDBC and our shared mission. (pictured L to R Hedy Ratner, Yvonne Cheung Ho, Maria Seiler, Natasha Fedorova) 

 

MEDA would like to recognize


 John Stout - MEDA's founding father and Board member/Secretary for the
International Citizen Award
Given by the International Leadership Institute.

Kojo Benjamin Taylor, a MEDA Board member and Theresa Taylor, were honored with the
International Immigrant Achievement Award
Given by the International Leadership Institute.

 

Ashish Gadnis

Managing Partner - CEO,

Forward Hindsight Forward Hindsight was announced as a Young Global Leader invited to the World Economic Forum 2009.

 

 

2009 Accomplishments

Year To Date 

 

300 entrepreneurs of color made it their business to succeed with MEDA.

 

MEDA approved $499.000 in new loans.

 

 

 

UPCOMING
EVENTS

 

PACESETTER

 Next Step Series

 

Tuesday, May 19

 Todd Lifson - Lurie Besikof and Lapidus, LLP

 

Register (612) 332- 6332 

***************


PTAC PROCUREMENT FAIR

 

April 30, 2009

 Earle Brown Heritage Center - Brooklyn Center, MN

 

***************

 

April 9, 2009

 Basics of Affirmative Action - St. Cloud

 

April 23, 2009

 Basics of Affirmative Action - Bemidji

 

April 29, 2009

 Doing Business with DLA Defense Supply Centers - Minneapolis

 

 *****************


EXECUTIVE DEVELOPMENT SERIES (EDS)

 

May 13, 2009 

Douglas Baker, CEO - Ecolab

 

July 30, 2009

 Mary K. Brainerd, President and CEO - HealthPartners

 

August 19, 2009
Kenneth Powell, Chair and CEO - General Mills

 

October 7, 2009
Andy Bessette,

EVP & Chief Administrative Officer - Travelers

 

Date TBA
Richard Copeland, CEO - Thor Construction
 

Register (612) 332- 6332 or email Liz-Ann at lfraser@meda.net
 

Mark Your Calendars!

 

 

 

OTHER NEWS and EVENTS 

The College of St. Catherine - Leadership Conference for Women of Color. Click Here 

SBA 2009 Recovery Act 

 

 Q and A for Small Business Owners Click Here

 

 

Metropolitan Economic Development Association (MEDA) | 250 2nd Avenue South | Suite 106 | Minneapolis | MN | 55401