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Metropolitan Economic Development Association
A US registered nonprofit

Minneapolis, MN USA
We help break down the barriers entrepreneurs of color face in building futures for themselves, their families and their businesses.

We help entrepreneurs of color succeed!

Through accomplished and experienced professionals, MEDA offers one-on-one business consulting, training, leadership development, government contracting assistance, access to financing, networking with peers, assistance with minority certifications, strategic planning, and more.

We help produce - new businesses, new jobs, taxpayers, role models and community vitality!!

MEDA Accomplishments - Year End 2008:

* 570 clients served; 155 new to MEDA (27%); 129 received in depth services.
* 19 MEDA-assisted start-ups, projecting $13.2 million in first year revenues
and creating 220 new jobs.
* 16 private/public projects utilizing MEDA Construction Partnering Program
participants, e.g. Twins Ballpark.
* $940,000 of new loans through the MEDA Loan Program and another $10.4
million secured from areas banks, creating 20 new jobs and sustaining over
160 additional positions.
* MEDA’s Loan Portfolio clients employ 420 with average weighted wages of $20
per hour.
* 96 government contracts awarded to entrepreneurs of color for $141 million.
* 4,373 volunteer hours augmented our capacity to serve our clients

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Nonprofit Information:
250 2ND Ave S Ste 106
Minneapolis, MN 55401
(612) 332-6332
info@meda.net
http://www.meda.net
EIN: 410977257
More Information:

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Projects by Metropolitan Economic Development Association