Business & Economic Development Center

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Business & Economic Development CenterBEDC

The Midland College Business & Economic Development Center (BEDC) provides FREE business, credit, and housing counseling, and related classes and workshops. Our mission is to help people increase credit scores, purchase homes, and start or expand businesses.

The BEDC is a collaborative effort between Midland College and the City of Midland.

Midland College BEDC

 

BEDC Programs

Select category below for more information

The BEDC works with individuals and businesses to help them improve their credit through an analysis of their current credit issues and then developing an action plan to correct those issues. We access your tri-merge credit report with FICO scores from all three credit bureaus. The report is a “soft pull” for educational purposes, so it does not lower your credit score. There is a $25 fee per credit report, we accept cash or check. If you have a recent credit report, bring it and there will be no cost.

To schedule your free credit counseling, print the BEDC intake form below, complete it, and return it to the BEDC or email to bedc@midland.edu.

 

Our counselors can help you identify any issues that prevent you from qualifying for a home and create a workable plan to correct those issues. We also provide guidance in home budgeting and homeownership readiness. If you would like the BEDC to access a soft pull credit report that does not lower your credit score like a hard pull from a creditor. There is a $25 fee per person for your credit report. If you have a recent credit report, bring it and there will be no cost. 

To schedule your free housing counseling, print the BEDC intake form below, complete it,  and return it to the BEDC with the required documents, or email to bedc@midland.edu.

Business Counseling at Midland College BEDC

The BEDC provides free business counseling for:

  • Preparing a business plan
  • Starting a new business
  • Purchasing an existing business
  • Expanding an existing business
  • Financing options

Call the BEDC at (432) 684-4309 to schedule an appointment for free one-on-one business counseling. Print the intake form below, complete, and return it to the BEDC or email it to bedc@midland.edu.

Midland College BEDC Live Event: Entrepreneurship

Video of Dr. Steve Thomas, Midland College President, interviewing Brian and Laura Sales of The Sales Team Realtors on September 29, 2020. On an annual basis, the BEDC facilitates the interview of a local entrepreneur.

 

Start Your Own Business Workshop

Topics Covered

  • Selecting Form of Business
  • General Requirements to apply for business loan and alternative sources
  • Steps in getting business registered and ready to go:
    • Registering
    • Employer Identification Number
    • Bank account
    • Sales Tax Certificate
    • Business General Liability Insurance
    • Bonding

Online Homebuyer Education Course

Due to COVID-19, until further notice, the in-person class will be replaced with the online version of the class. Register for this online class for the same price as the in-person class! Key "BEDC30" Promo code on this online version of the Homebuyer Education Class and SAVE $69.00.

Class is required by the MCDC, City of Midland and Texas State Affordable Housing Corporation, but not Southeast Tx Housing Finance Corp. 

Upon the completion of the course, you will receive a HUD certificate of completion.

Course Details

  • Online Course Fee $99
  • Available in English or Spanish

Questions?

Call (432) 684-4309

Summer 2021

WHAT

Florida Avenue Market at Cogdell

Music, food, baked goods, and many other items from different small businesses in the community.

Where

Cogdell Learning Center parking lot
201 W. Florida Avenue
Midland, Texas 79701

MAP

Get Involved

If you are interested in being a part of our Market, call us (432) 684-4309 or email bedc@midland.edu.

In an effort to assist small local businesses impacted by COVID-19, the City of Midland and BEDC will collaborate to assist small business owners through the City of Midland Business Micro-Grant Assistance Program. The program is available for businesses experiencing interruptions, due to COVID-19.

The City of Midland intends to distribute $960,000 in the form of grants to eligible small businesses directly impacted by COVID-19. Ninety-six (96) grants of $10,000.00 will be awarded. Grant applications will be accepted at Midland College Cogdell Learning Center located at 201 W. Florida. Grant applications will be processed by the BEDC.

Program Overview

Program Application

Apply to MC Now

Thank you for choosing Midland College! If you are here to collect a few credits, take courses to transfer, or here to start a new career, we welcome you.

How to Apply