Jim Reid is currently the President and CEO of Momentum Texas Inc (MTI). MTI is a statewide nonprofit based in Dallas Texas with a mission of “Building Communities and Growing Entrepreneurs”. In 2011 Reid was chosen by SBA as the Minority Small Business Champion of the Year. In 2012 Reid was awarded the Lifetime Achievement in Economic Development award from the International Economic Development Council. Prior to MTI Reid served as the first staff member and President of the Texas Mezzanine Fund (TMF) from April 2003 until July 2005. TMF is a source of alternative financing for businesses, affordable housing, and community facilities. From 1989 to 2003, Reid served as founder and President of the Southern Dallas Development Corporation (SDDC), a nonprofit Community Development Financial Institution established to assist small and minority businesses, increase jobs, and promote economic development in Southern Dallas.