Small businesses fuel community growth, job creation, and generational wealth. MEDA highlights why investing in BIPOC entrepreneurs strengthens local economies and neighborhoods.
Minnesota business
Posted inLocal & State
Target’s DEI pullback sows widespread distrust
BLCK Press founder Georgia Fort responds to Target’s decision to end its DEI programs, raising concerns about corporate accountability and support for Black-owned media.
Posted inLocal & State
Target’s DE&I pullback leaves Black local suppliers in limbo
Target’s billion-dollar DEI and supplier diversity push helped some Twin Cities Black entrepreneurs secure national shelf space, jobs and new revenue streams. With the retailer now pulling back from those equity commitments, Black-owned businesses and community partners are feeling the ripple effects in hiring, contracts and long-term wealth building, and are left questioning how durable corporate promises to Black communities really are.
Posted inBusiness
MN PROMISE Act offers small businesses ‘life-changing capital’
The PROMISE Act has expanded. Minnesota small business owners in North and South Minneapolis and South St. Paul can now access up to $1.5 million in financing for commercial property, refinance unfair contracts, and get one-on-one business support from MEDA.
Posted inBusiness
McDavid Marketing empowers entrepreneurs
McDavid Marketing founder Chanelle McDavid is helping entrepreneurs across the country launch and scale businesses with confidence. Since 2017, she’s supported over 300 small businesses through formation, branding, credit building, and digital strategy.