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Causes: Family Services, Human Services
Mission: The mission of adc is to grow businesses, build wealth and increase reinvestment in the african communities of minnesota.
Programs: Adc's culturally competent business development services and its partnerships with crucial funding sources have directly contributed to the surge in african-owned businesses throughout minnesota. In addition to ongoing technical assistance, adc offered 4 start-up business workshops in the twin cities in 2017. In 2017, more than 20 business class graduates participated in (speed) coaching sessions in the twin cities. After completion of the trainings/workshop, clients ready to start their businesses engage in one-on-one guidance with adc's business lenders. In 2017, adc made 42 loans as part of 32 projects; leveraged over $1,298,166 with a total project cost of $2,594,866, created 179 jobs and 149 retained jobs (total jobs 328). Additionally, adc held 26 "homestretch" workshops the first saturday of each month for first-time home buyers. Of those, 13 were in the twin cities and 13 in greater minnesota/st. Cloud areas; and with a grand total of 211 participants. In 2017, 140 clients were seen in relation to homeownership counseling - of whom 50% were women. Finally, 75 clients were seen in group setting for financial literacy workshops - 42 from greater minnesota and 33 from the metro area.
This organization does more harm to the African community its supposed to server then helping. most of the business it helps with plans and loans end up in court with their organization due to luck of planning and due diligence.
please see this website before working or helping this organization www.adcmn.org
Stop ADC, people know it as African Destruction Center
Review from Guidestar
