Why is MEDA’s mission to support BIPOC entrepreneurs so important today? 

MEDA was founded in 1971 on the belief that support of BIPOC entrepreneurship was a unique solution to social unrest, crime, and rising poverty. That vision is as relevant today as it was then.

Since joining MEDA, what has been a meaningful way you’ve contributed to the organization?

I amplified the impact of an already successful organization by connecting it to new opportunities and audiences.

Prior to becoming CEO, I worked closely with MEDA and its clients as a banker and saw firsthand the power of combining responsible capital with trusted guidance. Our clients need more than funding; they need strategic relationships and visibility to succeed. By aligning financial institutions, community insight, and strong business support, we can transform economic conditions across the state.

What is MEDA’s impact by the numbers?

In 2025, MEDA served 722 clients and dispersed nearly $10.6 million in loans with an estimated average loan amount of $300,000.

Can you share an example of a business MEDA has supported?

One example I’m proud of is our support of former NBA player Devean George and George Modular Solutions. His business will create over 150 jobs in North Minneapolis and develops skilled trade workers, generating long-term economic mobility. That’s the kind of impact we care about. 

Another example is Earth’s Beauty Supply, a neighborhood business with deep roots on University Avenue in St. Paul. Our team structured a deal that enabled ownership and supported critical upgrades, such as a new e-commerce platform. 

We turn dedication and vision into ownership and sustainable growth.

Dorothy Bridges, President & CEO MEDA
1256 Penn Ave. N, Suite 4800 Minneapolis
612-332-6332
meda.net