Metropolitan Consortium of Community Developers (MCCD) Open to Business program helps new and early stage businesses access the technical assistance they need to grow and prosper. MCCD's experienced team provides advice and counseling to clients, helping them achieve their entrepreneurial goals. Consultants are at no cost to the entrepreneur.

The counties we serve are Hennepin, Ramsey, Anoka, Dakota, Washington and the city of Northfield.

In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to:

U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue,
N.W., Washington, DC 20220;

call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov.

This question ask about how long your business has been operating. Do not count from the day you registered your business unless that's when you began operating. Instead, count from when you opened your doors and began providing goods and/or services.

As a Community Development Financial Institution (CDFI), MCCD provides loan capital to entrepreneurs who face challenges in accessing the commercial banking system, with a focus on Black, Indigenous and People of Color (BIPOC), Women, Low-wealth individuals, and geographical areas of under investment. Loan requests, after all required information is received by MCCD, go through a review process that may take up to 2-3 weeks.

MCCD loans are designed to partner with other nonprofit financing programs as well as private financing provided by the commercial banking community. Below are some key points of MCCD's loan guidelines:

• Borrowers must be a "for-profit" business.
• Loan interest rates are affordable and do not exceed 7%. Lower rates may be available based on the project.
• Generally, loan capital for start-ups is capped at $25,000.
• There's potential for larger financing packages for established businesses.
• Loan proceeds can be used for working capital, inventory, equipment, purchasing or improving owner occupied real-estate, leasehold improvements and general business purposes.
• Borrowers must also make an equity injection to MCCD financed project. 

I recognize that MCCD is dedicated to maintaining the confidentiality of all private client information, including, but not limited to, business data, business plans, and tax identification numbers. I understand that as an organization receiving financial support from foundations and state and federal agencies, MCCD may be required to document and share client information with public and nonprofit agencies as a condition of program funding. Such information will be treated as confidential by all parties and shared only to the extent required for program compliance, and not for further distribution.          

I am requesting business advising and/or access to capital services from the Metropolitan Consortium of Community Developers (MCCD) through its Open to Business(OTB) Program. I authorize the disclosure of my information to MCCD OTB staff as part of the business advising process. I understand that the business advice provided as part of the OTB Program is sound general business advice. This advice does not replace my business judgment and experience when it comes to operating my business. In exchange for receiving business advising and access to capital services. I waive all claims now or in the future against MCCD, its staff, loan and board committee members, and funders relating to decisions whether to provide a loan, a loan modification and requests for additional capital.    

After submitting your form, you will receive an email that looks something like this:

Dear ______,

You recently submitted a signed response to the "Client Intake Form". You must confirm that you received this verification email before the signed response can be finalized. Your email address can later be used to retrieve the signed response whenever you may need it.

To finalize your signed response, please click on the URL which will be provided in the email to complete your e-signature. Please check your spam folder if you don't see if right away.