Latino Owned and Grown

Programs

Business Development

LEDC is a pioneer in supporting aspiring entrepreneurs and business owners using field-tested tools. Our goal is to spark change and inspire entrepreneurs to sharpen their business know-how so that the Latino business community continues to grow and thrive.

Start or expand your business with LEDC’s support

We offer a wide range of tools to help you successfully launch and grow your business.

Practical interactive workshops

One-on-one technical assistance

Access to financing opportunities

Why partner with LEDC to grow your business?

We’re dedicated to helping you turn your vision into reality. For more than 20 years, we’ve proudly served Minnesota’s Latino community while empowering small-business owners and entrepreneurs to build, grow, and thrive.

Through our hands-on workshops and personalized guidance, you’ll gain the tools, confidence, and insight to strengthen your business and reach new heights.

At LEDC, people always come first. Our trainers and consultants work alongside you every step of the way—focused on your goals, your growth, and your success.

Our Services

We guide you in the process of creating a solid business, all the way from your business idea to opening your doors to the public.

Workshop: The Structure of Business

In this workshop, you’ll learn how to transform an idea into a successful business in Minnesota. Our business development process consists of the following steps:

Viability: Evaluating the business idea

Will my idea actually work? We begin with clear communication to build a close relationship with our aspiring entrepreneurs. We then work to guide them on how to produce a detailed business plan that includes everything from general concepts to specific tasks. This method provides a strong base and road map for your business.

Introduction to common business subjects, such as:
  • Initial steps for emerging businesses
  • Creating a Business Plan
  • Menu of Services
  • Cash Flow projections
  • Market trend analysis
  • Finance-related concepts, including budgeting, budget management, savings and reserves, access to capital, credit management, break-even point, payroll, Key Performance Indicators (KPIs), and financial leverage.
  • Legal structure of businesses in Minnesota
  • Bookkeeping and Taxes
  • Commercial Insurance
  • Service design and production
  • Design and optimize inventory
  • Much more

The workshops are given twice monthly on nonconsecutive Tuesdays from 3:00 to 6:00 pm.

The workshops are in person at our offices, which are located at 804 Margaret Street in St Paul (in front of the Mexican Consulate)

The workshop is free.

LEDC provides workshops in Spanish and English.

Sign up for our workshop on business structures or contact us.

Business coaching

Coaching: We accompany aspiring entrepreneurs throughout the process of designing or updating their business model. This way we can help perfect each person’s individual abilities and tactics. Workshop: Creative writing for your business plan. Learn how to write a strong business plan

Specialized workshops

ServSafe Certification and Food Handling.

Personalized technical assistance

We offer a wide range of services for new or growing businesses, including business planning, sales projections, cash flow analysis, marketing and access to capital.

Business Training

A 10-week business course is held twice a year, covering essential topics for entrepreneurs in more depth.

Access to capital

To start a business you don’t just need a good idea, you also need money.

LEDC boasts a lending portfolio that offers resources to business owners who fulfill the requirements. Our mission is to ensure that Latino families in Minnesota prosper. We also recognize that Latinos have endless potential and, by starting new businesses, they have everything they need to offer high-quality products and services to American markets.

Discover how we can support your business’s growth

Contact us

For general questions and to schedule an appointment please fill the form bellow.

(651) 447-5152

Business Development

Email: bizsupport@ledcmn.org