MEDA - Metropolitan Economic Development Association

The Metropolitan Economic Development Association (MEDA) is a nonprofit organization established in 1971, dedicated to supporting underserved entrepreneurs, particularly BIPOC business owners. MEDA believes that entrepreneurship is essential for closing racial wealth gaps and promoting generational prosperity. The organization operates in the Minneapolis-St. Paul metro area, providing integrated services focused on business consulting, access to capital, and strategic connections. MEDA offers tailored advisory services, including financial planning and operational strategy, to help entrepreneurs scale their businesses. It also provides access to capital through state-funded loans and direct lending, having disbursed over $10.4 million in new loans in 2023. Additionally, MEDA connects clients with pro bono legal assistance and valuable networks for growth opportunities. With a mission to create a more equitable society, MEDA has served thousands of entrepreneurs and facilitated significant job creation in the community.