Welcome to OBCED

The MISSION of OBCED is to contribute to the economic growth, development, and prosperity of Minnesota communities.

OBCED is a Social Enterprise whose purpose is to leverage the assets and resources of the University to create programs and services that provide innovative solutions to socioeconomic problems that impact communities.

OBCED ValuesImpact economic development, encourage Innovation, and Invest in communities.

Listening Session Update 5.18.2020

The University of Minnesota listening session panel successfully completed meetings with our stakeholders from the Association of Women Contractors, Minnesota Minority Goods and Services Association, National Association of Minority Contractors, and the Women’s Business Development Center. All of the meetings provided a plethora of information and suggestions evidenced by successful experiences with other diversity and inclusion programs.

The U of M panel will review the information we received and provide appropriate updates as we work through the suggestions and recommendations. We will continue to post updates in this space as we collaborate with our stakeholders and university decision-makers.  

Best Regards,


Sharon Banks
Executive Director
Office for Business & Community Economic Development | bced.umn.edu
University of Minnesota | umn.edu
banks016@umn.edu | 612-626-8043
Pronouns: She/Her/Hers

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bced@umn.edu | 612-624-0530