Economic Empowerment & Enterprise Development (3ED)

Build stronger enterprises. Grow income. Create lasting wealth. Build stronger enterprises. Grow income. Create lasting wealth. Build stronger enterprises. Grow income. Create lasting wealth. Build stronger enterprises. Grow income. Create lasting wealth.
Build stronger enterprises. Grow income. Create lasting wealth. Build stronger enterprises. Grow income. Create lasting wealth. Build stronger enterprises. Grow income. Create lasting wealth. Build stronger enterprises. Grow income. Create lasting wealth.

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Build stronger enterprises. Grow income. Create lasting wealth.

Email: support@edact.org

Economic Empowerment & Enterprise Development (3ED)

The EDACT Economic Empowerment and Enterprise Development (3ED) program is designed to equip entrepreneurs, small businesses, nonprofits, and underserved communities in Minnesota, particularly Immigrant and BIPOC-owned enterprises and individuals, with the practical skills, systems, technology, and trusted relationships they need to grow income, build stronger organizations, and create lasting wealth.

EDACT is dedicated to empowering underserved businesses and organizations by offering technical assistance that fosters growth and sustainability. We help build stable, efficient, fundable organizations that can launch, survive, grow, create jobs, and build wealth.

Key Services

Enterprise Launch & Growth

Start-Up, Been-Up, and Scale-Up tracks covering planning, licensing, operations, pricing, customer strategy, and milestone-based growth support.

Nonprofit Capacity

Governance training, program design and evaluation, technology strategy, fundraising readiness, grant systems, donor communications, and sustainability planning.

Capital & Financial Readiness

Financial records, cash flow management, credit building, capital strategy, lender and investor introductions, and application and financing support.

Digital Growth & Operations

Branding, websites, e-commerce, CRM setup, social media, customer communication systems, and workflow automation.

Current Offerings

Explore what's currently available and sign up directly.

Delivered in partnership with Stearns Bank, this program provides ongoing education and support to community members seeking to improve their financial wellbeing — monthly virtual workshops, self-paced online courses, and personalized coaching in budgeting, saving, credit management, debt reduction, investing, financial planning, and accessing funding. All learning takes place on the EDACT Training Academy platform. Upon completion, participants receive a certificate.

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A free, weekly virtual consultation for small business owners and aspiring entrepreneurs, offered in collaboration with Stearns Bank — connecting participants with experienced loan officers for direct guidance on financial planning, business financing options, the loan application process, credit evaluation, and strategies for expansion. Sessions are held every Wednesday from 12:00–1:00 PM CST via Zoom; registration closes at noon the day before.

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Advanced, fee-based support for individuals and small businesses looking to build stronger financial foundations — tax preparation assistance, credit score analysis, personal and business budgeting support, and financial forecasting and cash flow planning. Delivered by qualified professionals committed to equity and access. Sign up to get notified when we launch.

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Program Outcomes

Participants in the EDACT 3ED program can expect to achieve:

  • Stronger revenue, financial, operational, and governance systems that support sustainable growth
  • Capital-ready businesses and nonprofits with complete applications and organized documentation
  • Working digital assets, customer systems, and time-saving workflows integrated into daily operations
  • Businesses launched, stabilized, or scaled with new jobs and contracts created or retained
  • Lasting organizational capacity to earn, adapt, and build wealth over time

Who We Serve

Entrepreneurs

Individuals launching new ventures who need structured guidance through planning, licensing, operations, and early customer strategy.

Solopreneurs

Independent business owners building personal brands and solo enterprises who need efficient systems, digital presence, and growth strategies that fit one-person operations.

Small Businesses

Established small enterprises ready to stabilize operations, improve financial management, adopt technology, and scale into new markets or revenue streams.

Nonprofits

Mission-driven organizations seeking stronger governance, program design, fundraising readiness, and sustainable operations to deepen community impact.

Join The 3ED Program

If you are an entrepreneur, solopreneur, small business owner, or nonprofit leader committed to building something meaningful in your community, EDACT 3ED is designed for you. Let us assess where you are, build a plan that fits your goals, and work alongside you to create lasting results.

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Frequently Asked Questions

Questions people ask about Economic Empowerment & Enterprise Development (3ED).

Costs vary by service — many workshops and consultations are free; fee-based Financial Services are coming soon. Contact us for current program-specific pricing.

Entrepreneurs, solopreneurs, small business owners, and nonprofit leaders in the communities EDACT serves. Reach out if you're unsure whether you qualify.

No — we support participants at every stage, from a pre-launch idea to an established organization ready to scale.

Digital Growth & Operations support includes hands-on implementation, not just advice — every engagement ends with completed assets, not only recommendations.