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- EIN 41-0977257
- info@meda.net
- 612-332-6332
- 250 2ND Ave S Ste 106 Minneapolis MN 55401 USA
- www.meda.net
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Nonprofit Overview
Causes: Economic Development
Mission: MEDA's mission is to help entrepreneurs of color succeed!
Results: SInce 1971 we have assisted over 18,000 aspiring and successful entrepreneurs of color; some have grown to multi-million dollar businesse employing hundreds. In the last two years (2009-2010) despite the recession, we still helped launch 17 new businesses, creating 60 new jobs and packaged financing for over $10 million that preserved another 345 jobs. Our services touch clients for a brief time and the impact lasts for decades.
Target demographics: Entrepreneurs of color
Direct beneficiaries per year: 500
Geographic areas served: State of MInnesota
Programs: Business Consulting Services MEDA Loan Program Construction Connection ( five programs designed to help construction companies succeed from mentoring to a virtual plan room) Exexcutive Development Series (intimate luncheons with major company CEOs, such as Ken Powell of General Mills) intended to inspire and learn Procurement Technical Assistance Center which provides expert advice on contracting with the government (open to all Minnesota businesses) Certification Assistance Networking