Meda Adds Five Corporate Leaders To Board of Directors
Anthony Heredia of Target Departs Board
MINNEAPOLIS, Minn. (December 13, 2018) – Meda, the Metropolitan Economic Development Association, added five new members to its Board of Directors. Joining Meda’s Board are:
Departing Meda’s Board of Directors after a decade of service is Anthony Heredia, Vice President of Corporate Compliance and Ethics at Target.
“Meda is excited to have these five incredibly talented individuals join our Board of Directors,” said Dr. Barbara Butts Williams, chair of Meda’s Board of Directors. “They bring a wealth of experience that will help lead Meda through this period of growth. I am thankful for their commitment to Meda as well as our partnership with their employers to support entrepreneurs of color.”
“While it is always great to add new people, talents and expertise, it is also tough to lose a great partner like Tony Heredia,” said Gary L. Cunningham, Meda’s President and CEO. “Tony has been a real leader for Meda through its expansion. Without Tony’s leadership, Meda would most likely not be in its new office space. Tony’s commitment to Meda’s mission is unmatched and he will certainly be missed.”
Meda was founded by a group of Minnesota business leaders who saw minority business ownership as a positive, long-term response to rising economic inequity within minority communities in our state. Meda provides business development services, access to capital and corporate and governmental market support for minority entrepreneurs. Over the years, we have helped launch more than 500 minority businesses and assisted more than 20,000 Minnesota minority entrepreneurs. Today, Meda clients employ 6,000 Minnesotans and have a combined annual revenue of $1 billion. Meda operates a growing Community Development Fund Institution (CDFI) that provides needed capital for minority businesses to become sustainable. Meda is also the host organization for the Minneapolis Minority Business Development Agency (MBDA) Business Center, which has been recognized by the MBDA as the top performing center three consecutive years.
For more information, visit meda.net.