Meda is a nonprofit aimed at helping minority entrepreneurs succeed by providing business consulting, access to capital, and procurement opportunities. In addition, Meda hosts the Minnesota Procurement Technical Assistance Center (Meda PTAC) that helps all Minnesota businesses pursue federal, state, and local government procurement opportunities. Meda PTAC offers specialized support for Women, Veteran, and HUB Zone businesses. Meda also operates a business development center under cooperative agreement with the Minority Business Development Agency (MBDA) of the U.S. Department of Commerce.
The Minneapolis MBDA Business Center connects Minnesota Minority Business Enterprises (MBEs) with business opportunities. In 2015, Meda served 514 customers through our combined service offerings and helped minority businesses secure $94.4 million in contracts. Since its beginning in 1971, Meda has helped more than 20,000 minority entrepreneurs and assisted in the startup of more than 500 businesses.