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Performance Highlights: FY 2009-FY 2011

Blogged By: 
MBDA

The Minority Business Development Agency (MBDA), a job-creating agency, leads Federal efforts to promote the growth and global competitiveness of America’s minority business community. This summary includes a small portion of our overall accomplishments during the first three years of the Obama Administration.

Reverse Trade Missions and Webinars Save MBEs Time and Money

Blogged By: 
MBDA

For minority business owners interested in exporting their goods and services and eager to make contacts with markets overseas, but unable to travel, reverse trade missions provide unique opportunities to foster business relationships and build long-lasting partnerships between U.S. businesses and our overseas partners.

MBDA Achieves 130x Return on Taxpayer Investment in FY2011

Blogged By: 
David A. Hinson, National Director

David Hinson, National Director

When Muhammad Ali, the legendary world heavyweight boxing champion, was asked by reporters why he kept boasting about being the greatest in the ring, he used to say, “It isn’t bragging if you can back it up.”

The MBDA FY2011 Annual Performance Report (APR) backs up what we’ve been saying about MBDA’s achievements under President Obama. In 2011, we registered the best performance in our 43-year history. It was our third record-breaking year in a row.

10 Cost Saving Ideas for Small Business Owners

Blogged By: 
BusinessCredit, Guest Blogger

With an economy that’s struggling, every small business owner is looking for ways to increase profits, save money and improve efficiency.

The good news is there are plenty of ideas that you can find in books and articles. But rather than cover the obvious ones, in today’s tough economy you need new and creative ways to save.

Consider the following ten cost-saving ideas for your small business:

  1. Go paperless
    You can lower storage costs, printing costs and improve overall efficiency by running a paperless office. By scanning documents you can send and share information effortlessly saving your business time and money.

How to Market Your Business at Summer Events, Fairs and Festivals

Blogged By: 
Rieva, SBA Guest Blogger

Summer’s here and for most communities, that means the season of outdoor fairs, festivals and other events is underway. For a small business, community events like these can be a great opportunity to market your products and services to local residents and other event-goers. Here are some steps to get you started.

Research what events exist in your community and nearby communities. Your options might range from local “fun runs,” chili cook-offs or classic car shows to surfing contests or music festivals that bring in attendees from all over the country. If you’re new to event marketing, you’ll probably want to start at the smaller end of the spectrum.

Did you know...

MBDA Minority Business Centers helped clients secure contracts totaling $6.9 billion during the last 5 fiscal years.
Graph for Dollar Value of Contracts

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