← Back to the funding database
AllCDFILoanOpen
Metropolitan Economic Development Association
Metropolitan Economic Development Association
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
30 to 60 min
Can you get this?
✓For underserved/BIPOC small business owners
✓Must be a small business
✓MN PROMISE loans: business in Minneapolis or St. Paul
✓Located in Minnesota
Your real odds
No public acceptance rate is listed, and MEDA pairs lending with consulting, which suggests they work closely with applicants before any loan decision is made.
MEDA has served thousands of entrepreneurs over 50 years, and founders who engage with their consulting services tend to be better positioned when they reach the loan stage.
What it takes
Apply through MEDA's website30 to 60 min
Engage with business consulting
Submit a loan application1 to 2 weeks
Worth knowing
MEDA's model bundles consulting, capital, and connections, so engaging with their free business consulting before you apply is the move most applicants skip.
What else do you qualify for?
Filter 1,600+ opportunities by identity, stage, and region.
Select all three to see your result.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
Explore the funding database →
$19/month · cancel anytime