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Federal Reserve Bank of Minneapolis

 

Organization Information


Organization: Federal Reserve Bank of Minneapolis

Sector: Government Agency

Organization Mission: With headquarters in Minneapolis and a Branch in Helena, Mont., we examine banks to make them safe and sound. We conduct world-class research to inform policymakers. Our 1,000 employees in Minneapolis and 60 in Helena monitor the regional economy to help determine the nation’s monetary policy. We strive to promote economic well-being. And much more. We serve the public by pursuing a growing economy and stable financial system that work for all of us. Established in 1914, we’re one of 12 Federal Reserve Banks. Our Helena Branch joined us in 1921.

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About Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
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  5. Pre-concept Phase - an early idea or a requirement.
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